{"version":"2026.09.23","operator":{"slug":"applied-digital","name":"Applied Digital Corporation","ticker":"NASDAQ:APLD","hq":"Dallas, TX","tracked_since":"19 Jan 2026","active":true,"campus_count":1,"firm_load":"300 MW critical IT","capex":"$3.6B","jobs":"200+ permanent · 1,000+ construction","first_commissioning":"Mid-2027","summary":"Delta Forge 1 is under construction near Boyce. LED announced $3.6B of investment; Applied Digital reports 430 MW of total utility design, up to 300 MW of critical IT load, and a mid-2027 initial-operations target.","counterparties":[{"name":"Cleco","role":"Power · confirmed provider"},{"name":"Rapides Parish","role":"Permitting"},{"name":"LED","role":"QJ application filed"}],"stance":[{"label":"Power posture","value":"430 MW utility · Cleco"},{"label":"Water posture","value":"TBV"},{"label":"Labor posture","value":"Hiring civil contractors"},{"label":"Permit risk","value":"Low — site already industrial"}],"coverage_12mo":[0,0,0,0,0,0,0,0,1,2,3,3]},"sites":[{"slug":"applied-digital-project-lightning","name":"Delta Forge 1","parish":"Rapides","parish_slug":"rapides","acreage":"672 ac","mw":430,"mw_label":"430","status":"Under construction","confidence":"C","profile_path":"/data-centers/delta-forge-1","has_dedicated_profile":true}]}