Applied Digital IR (6 Oct) says it secured an agreement for access to up to 1 GW of potential power capacity in Finland — first development opportunity outside the U.S.; initial power availability anticipated beginning 2028; marketing to hyperscalers underway — power access ≠ RFS campus.
Applied Digital’s 6 Oct 2026 GlobeNewswire release says it entered an agreement providing access to up to 1 GW of potential power capacity in Finland — its first development opportunity outside the United States — and plans an AI Factory campus “capable of scaling to as much as 1 GW,” with initial power availability anticipated beginning in 2028. Soft hold: no named site, utility counterparty, MW contracted, signed hyperscaler customer, or capex. Ops frame: power-access foothold and marketing talks, not Ready for Service capacity. Distinct from the Oct 2 Polaris Forge +75 MW RFS Brief.
Source: Applied Digital / GlobeNewswire — up to 1 GW potential power capacity in Finland (2026-10-06) · Soft hold: no MW contracted, customers, or capex; power access ≠ RFS; distinct from Oct 2 Polaris Forge Brief