Akela 450 MW phased online 2026
Company: TeraWulf - Project: Akela Data
The claim, verbatim
Akela (450 MW) is under construction with ~45% of costs locked, with capacity coming online in phases throughout 2026.
Source (primary)
Investor Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-10-06)Live source ↗Archive.org ↗
Quote: “Akela (450 MW) under construction with capacity online in phases throughout 2026”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The financing slide gives the 450 MW under construction with ~45% of costs locked, and a later slide says capacity comes online in phases throughout 2026.
Confirmed in the source:
- Akela is a 450 MW project under construction
- About 45% of Akela's costs are locked
- Akela capacity is expected online in phases throughout 2026
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_26c9692236622f11a71632d61560402c/terawulf/db/2396/23306/pdf/WULF_Q3_2025_Investor_Update_%28Nov_2025%29vF.pdf) in full (31,442 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Investor Presentation
Quote: “Akela (450 MW) under construction with capacity online in phases throughout 2026”