jain.com

Kentucky Power amended agreement: $100M bill credits funded by TeraWulf

Company: TeraWulf - Project: Muskie Data

Subject kind
partnership
Statement date
2026-10-05
Promised by
2029-01-01
Promised amount
100000000.0 USD
Current status
stated

The claim, verbatim

Kentucky Power and TeraWulf finalized an amended agreement doubling contracted demand at Muskie; if approved by the Kentucky PSC, TeraWulf will fund $100 million in winter bill credits for residential customers over the first 10 years, beginning in 2029.

Source (primary)

TeraWulf doubles Muskie power to 1 GW - Yahoo Finance (-, news_article)
View cached copy (2026-10-06)Live source ↗

Quote: “the amended agreement is expected to provide $100 million in winter bill credits funded by Terror Wolf for Kentucky Power residential customers over the first 10 years of the contract”

How we checked this

Checked on October 8, 2026. The cited source supports every part of this claim.

The transcript quotes an AEP/Kentucky Power press release that states each element of this claim, including the 2029 start for the credits.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://finance.yahoo.com/video/terawulf-doubles-muskie-power-1-031545262.html) in full (17,941 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms TeraWulf doubles Muskie power to 1 GW - Yahoo Finance

Quote: “the amended agreement is expected to provide $100 million in winter bill credits funded by Terror Wolf for Kentucky Power residential customers over the first 10 years of the contract”

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