Abernathy site specs
Company: TeraWulf - Project: Abernathy HPC Campus
The claim, verbatim
25-year lease for 120 acres in Abernathy, TX (SPP grid, Xcel Energy/SPS territory) with 345 kV interconnection unlocking 168 MW of HPC-ready capacity.
Source (primary)
Majority-Owned Joint Venture with Fluidstack for 168 MW in Texas (IR page (investors.terawulf.com), ir_release)
View cached copy (2026-10-06)Live source ↗
Quote: “25-yr lease (1) for 120 acres in Abernathy, TX (SPP) ... 345 kV interconnection”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
All of these site specifications appear on the Abernathy site slide. A footnote notes the lease may be shortened to 20 or 15 years.
Confirmed in the source:
- 25-year lease
- The lease covers 120 acres in Abernathy, TX
- The site is on the SPP grid
- The site is in Xcel Energy / Southwestern Public Service Company territory
- The site has a 345 kV interconnection
- The lease unlocks 168 MW of HPC-ready capacity
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_26c9692236622f11a71632d61560402c/terawulf/db/2396/23305/pdf/Abernathy_JV_Announcement_Pres_Oct_2025vF.pdf) in full (7,261 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Majority-Owned Joint Venture with Fluidstack for 168 MW in Texas
Quote: “25-yr lease (1) for 120 acres in Abernathy, TX (SPP) ... 345 kV interconnection”