Macerich microgrid project agreement
Company: CleanSpark
The claim, verbatim
Professional Services Agreement with Macerich for engineering, design, consultation and construction of $18 million microgrid at Thousand Oaks facility; full authorization expected in first quarter 2019
Source (primary)
CleanSpark 10-K filed 2019-01-15 (SEC EDGAR, sec_filing)
View cached copy (2026-09-27)Live source ↗
Quote: “On October 2, 2018, we executed a Profession Services Agreement with Macerich to perform engineering, design and consultation services and follow-on construction work to install a Microgrid... At this time this agreement only specifically authorizes an initial $88,250 for consultation and engineering services, the balance of the $18 million microgrid installation contract falls under later stages. We expect to receive written permission to proceed on all stages of the contract in the first quarter of 2019.”
How we checked this
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Additional evidence
confirms CleanSpark 10-K filed 2019-01-15
Quote: “On October 2, 2018, we executed a Profession Services Agreement with Macerich to perform engineering, design and consultation services and follow-on construction work to install a Microgrid... At this time this agreement only specifically authorizes an initial $88,250 for consultation and engineering services, the balance of the $18 million microgrid installation contract falls under later stages. We expect to receive written permission to proceed on all stages of the contract in the first quarter of 2019.”