Chesapeake Data generation/storage/load plan
Company: TeraWulf - Project: Chesapeake Data
The claim, verbatim
Chesapeake Data planned as net generator campus with 1 GW on-site generation, 500 MW battery storage and 1 GW data center load across two phases (each 500 MW gen, 250 MW storage, 500 MW load).
Source (primary)
Q2 2026 Earnings Update Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-10-06)Live source ↗Archive.org ↗
Quote: “1 GW ON- SITE GENERATION 1 GW DATA CENTER LOAD 500 MW BATTERY STORAGE”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The Chesapeake appendix lays out 1 GW generation, 500 MW storage and 1 GW load split into two equal phases at a net generator campus.
Confirmed in the source:
- Chesapeake Data is planned as a net generator campus
- It plans 1 GW of on-site generation, 500 MW of battery storage and 1 GW of data center load
- Each of two phases includes 500 MW generation, 250 MW battery storage and 500 MW data center load
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_26c9692236622f11a71632d61560402c/terawulf/db/2396/23522/pdf/TeraWulf+Q2+2026+Investor+Presentation.pdf) in full (28,349 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Q2 2026 Earnings Update Presentation
Quote: “1 GW ON- SITE GENERATION 1 GW DATA CENTER LOAD 500 MW BATTERY STORAGE”