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NYPA power purchase agreement

Company: TeraWulf

Subject kind
partnership
Statement date
2024-03-19
Promised by
2032-02-12
Promised amount
90.0 MW
Current status
stated

The claim, verbatim

TeraWulf has agreement with Power Authority of New York for 90 MW high load factor power, executed February 12, 2022, with 10-year term from commencement of power delivery

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 ↗