Google $1.3 billion lease obligation backstop
Company: TeraWulf - Project: Abernathy HPC Campus
The claim, verbatim
Google is backing approximately $1.3 billion of Fluidstack's long-term lease obligations to support the joint venture's project debt financing.
Source (primary)
terawulf 8-K exhibit (tm2529509d1_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-27)Live source ↗
Quote: “Google backing approximately $1.3 billion of Fluidstack's long-term lease obligations to support project-related debt financing”
How we checked this
Checked on September 29, 2026. The cited source supports every part of this claim.
The release states that Google is backing about $1.3 billion of Fluidstack's long-term lease obligations to support project-related debt financing for the joint venture.
Confirmed in the source:
- Google is backing approximately $1.3 billion of Fluidstack's long-term lease obligations
- The backing supports the joint venture's project-related debt financing
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1083301/000110465925102858/tm2529509d1_ex99-1.htm) in full (9,229 characters, retrieved September 27, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms terawulf 8-K exhibit (tm2529509d1_ex99-1.htm)
Quote: “Google backing approximately $1.3 billion of Fluidstack's long-term lease obligations to support project-related debt financing”