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Luminant Power Agreement take-or-pay obligation

Company: Cipher Mining - Project: Odessa Facility

Subject kind
partnership
Statement date
2023-03-13
Promised amount
66.7 percent
Current status
stated

The claim, verbatim

Obligated to accept and pay for at least 66.7% of 207 MW capacity annually under Luminant agreement

Source (primary)

Cipher Mining 10-K filed 2023-03-14 (SEC EDGAR, sec_filing)
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Quote: “The Luminant Power Agreement provides for a take or pay arrangement, whereby, Luminant will supply, and we are obligated to accept and pay for, a total electrical power capacity equal to at least 66.7% of the full 207 MW capacity each year”

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 Cipher Mining 10-K filed 2023-03-14

Quote: “The Luminant Power Agreement provides for a take or pay arrangement, whereby, Luminant will supply, and we are obligated to accept and pay for, a total electrical power capacity equal to at least 66.7% of the full 207 MW capacity each year”

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