Chesapeake Phase I generation/storage/load
Company: TeraWulf - Project: Chesapeake Data
The claim, verbatim
Chesapeake Phase I is planned for 500 MW generation, 250 MW battery storage and 500 MW data center load, as a net generator campus.
Source (primary)
Q2 2026 Earnings Update Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-10-13)Live source ↗Archive.org ↗
Quote: “PHASE I ➢ 500 MW generation ➢ 250 MW battery storage ➢ 500 MW data center load”
How we checked this
Checked on October 15, 2026. The cited source supports every part of this claim.
The Chesapeake slide lists Phase I as 500 MW of generation, 250 MW of battery storage and 500 MW of data center load. It describes the site as a net generator campus in PJM.
Confirmed in the source:
- Chesapeake Phase I is planned for 500 MW of generation
- Chesapeake Phase I is planned for 250 MW of battery storage
- Chesapeake Phase I is planned for 500 MW of data center load
- Chesapeake is described as a net generator campus
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_513c80c486e62e4bdb70115ded3782f5/terawulf/db/2396/23522/pdf/TeraWulf+Q2+2026+Investor+Presentation.pdf) in full (28,349 characters, retrieved October 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Q2 2026 Earnings Update Presentation
Quote: “PHASE I ➢ 500 MW generation ➢ 250 MW battery storage ➢ 500 MW data center load”