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NYPA 90 MW power purchase agreement ten-year term

Company: TeraWulf

Subject kind
partnership
Statement date
2024-03-19
Promised amount
90.0 MW
Current status
stated

The claim, verbatim

Agreement with NYPA for 90 MW of high-load-factor power for ten-year term executed February 12, 2022

Source (primary)

TeraWulf 10-K filed 2024-03-20 (SEC EDGAR, sec_filing)
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Quote: “The Company has an agreement in place with the Power Authority of the State of New York ("NYPA") for 90 MW of high load factor power to support its bitcoin mining operations (the "PPA"). The PPA was executed on February 12, 2022 and has a term of ten years from the date of commencement of NYPA's power delivery.”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms TeraWulf 10-K filed 2024-03-20

Quote: “The Company has an agreement in place with the Power Authority of the State of New York ("NYPA") for 90 MW of high load factor power to support its bitcoin mining operations (the "PPA"). The PPA was executed on February 12, 2022 and has a term of ten years from the date of commencement of NYPA's power delivery.”

View cached copy (2026-09-13)Live source ↗