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TeraWulf to cover Big Sandy plant financing costs

Company: TeraWulf - Project: Muskie Data

Subject kind
financing
Statement date
2026-10-05
Current status
verified

The claim, verbatim

TeraWulf agreed to pay all applicable electric service charges and cover the estimated financing costs of Kentucky Power's planned 760 MW combined-cycle generation facility at Big Sandy, with collateral requirements.

Source (primary)

Kentucky Power, TeraWulf expand deal with $100 million in customer bill credits - The Lane Report (-, news_article)
View cached copy (2026-10-06)Live source ↗Archive.org ↗

Quote: “TeraWulf would pay all applicable electric service charges and has agreed to cover the estimated financing costs associated with Kentucky Power's planned 760-megawatt combined-cycle generation facility at Big Sandy”

How we checked this

Checked on October 14, 2026. The cited source supports every part of this claim.

The article states that TeraWulf would pay all applicable electric service charges, that it agreed to cover estimated financing costs for Kentucky Power's planned 760 MW combined-cycle plant at Big Sandy, and that the agreement includes collateral requirements. The article also notes that the amended agreement still requires approval from the Kentucky Public Service Commission.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://www.lanereport.com/189803/2026/10/kentucky-power-terawulf-100-million-customer-bill-credits/) in full (10,292 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Kentucky Power, TeraWulf expand deal with $100 million in customer bill credits - The Lane Report

Quote: “TeraWulf would pay all applicable electric service charges and has agreed to cover the estimated financing costs associated with Kentucky Power's planned 760-megawatt combined-cycle generation facility at Big Sandy”

View cached copy (2026-10-06)Live source ↗Archive.org ↗

confirms Kentucky Power, TeraWulf Finalize Expanded Agreement Providing for $100 Million in Customer Benefits - PR Newswire

Quote: “TeraWulf has agreed to pay the estimated financing costs associated with construction of Kentucky Power's planned 760-MW combined-cycle generation facility at Big Sandy”

View cached copy (2026-10-06)Live source ↗

confirms WULF Stock Dips After TeraWulf Doubles Muskie Data Campus Power Capacity To 1GW - TradingView

Quote: “The estimated financing costs for Kentucky Power's planned 760 MW combined-cycle gas plant at Big Sandy will also be paid by TeraWulf.”

View cached copy (2026-10-06)Live source ↗Archive.org ↗

confirms TeraWulf doubles Muskie contracted power to 1 GW, advances second phase to 2029 - Yahoo Finance

Quote: “TeraWulf also agreed to cover estimated financing costs for construction of Kentucky Power's proposed 760-MW combined-cycle plant at Big Sandy, in addition to applicable service charges.”

View cached copy (2026-10-06)Live source ↗

confirms Ky. Power, TeraWulf agreement provides for $100 million in customer benefits - Kentucky Today

Quote: “TeraWulf has agreed to pay the estimated financing costs associated with construction of Kentucky Power's planned 760-MW combined-cycle generation facility at Big Sandy”

View cached copy (2026-10-06)Live source ↗Archive.org ↗

confirms TeraWulf’s Muskie Data Center Secures 1 GW of Power in Kentucky - constructionreviewonline.com

Quote: “Under the amended agreement, TeraWulf has agreed to pay the estimated financing costs associated with construction of the Big Sandy facility.”

View cached copy (2026-10-06)Live source ↗Archive.org ↗

confirms TeraWulf Shares Slide 5% Even as Kentucky Data Center Power Doubles to 1 GW - finance.biggo.com

Quote: “TeraWulf will cover the estimated financing costs for Kentucky Power's planned 760 MW combined-cycle gas plant at Big Sandy”

View cached copy (2026-10-06)Live source ↗Archive.org ↗

confirms WULF Stock Dips After TeraWulf Doubles Muskie Data Campus Power Capacity To 1GW - Yahoo Finance

Quote: “The estimated financing costs for Kentucky Power's planned 760 MW combined-cycle gas plant at Big Sandy will also be paid by TeraWulf.”

View cached copy (2026-10-07)Live source ↗Archive.org ↗

confirms TeraWulf Doubles Kentucky Data Center Power to 1 GW - Engineering News-Record

Quote: “The company would also cover estimated financing costs associated with construction of Kentucky Power's proposed 760-MW combined-cycle plant at Big Sandy, in addition to applicable service charges.”

View cached copy (2026-10-07)Live source ↗Archive.org ↗

confirms WULF Stock Dips After TeraWulf Doubles Muskie Data Campus Power Capacity To 1GW - Stocktwits

Quote: “The estimated financing costs for Kentucky Power's planned 760 MW combined-cycle gas plant at Big Sandy will also be paid by TeraWulf.”

View cached copy (2026-10-13)Live source ↗Archive.org ↗

Record of changes

October 6, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.