Project Akela (CB-3/4/5) operations start
Company: TeraWulf - Project: Akela Data
The claim, verbatim
CB-3, CB-4 and CB-5 data centres are under construction and expected to begin operations in 2026.
Source (primary)
TeraWulf Sustainable Finance Framework Second Party Opinion 2025 (IR page (investors.terawulf.com), ir_release)
View cached copy (2026-10-06)Live source ↗Archive.org ↗
Quote: “All data centres are currently under construction with an expectation to begin operations in 2026.”
How we checked this
Checked on October 14, 2026. The cited source supports every part of this claim.
The document says the Project Akela data centres CB-3, CB-4 and CB-5 were all under construction. It says they were expected to begin operations in 2026.
Confirmed in the source:
- CB-3, CB-4 and CB-5 make up Project Akela
- CB-3, CB-4 and CB-5 were under construction
- CB-3, CB-4 and CB-5 were expected to begin operations in 2026
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_26c9692236622f11a71632d61560402c/terawulf/db/2476/23465/pdf/TeraWulf_Sustainable_Finance_Framework_Second_Party_Opinion_2025.pdf) in full (29,307 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf Sustainable Finance Framework Second Party Opinion 2025
Quote: “All data centres are currently under construction with an expectation to begin operations in 2026.”
confirms TeraWulf Sustainable Finance Framework Second Party Opinion 2025
Quote: “Project 'Akela' consists of CB-3, CB-4 and CB-5 data centres with a total gross capacity of 450 MW. All data centres are currently under construction with an expectation to begin operations in 2026.”