Abernathy JV 168 MW online 2026
Company: TeraWulf - Project: Abernathy HPC Campus
The claim, verbatim
The 168 MW Abernathy JV (up to 51% WULF-owned), leased to Fluidstack, is expected online in 2026, with about $9.5B in total contracted revenues.
Source (primary)
Investor Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-10-13)Live source ↗Archive.org ↗
Quote: “168 MW Abernathy JV 2 (expected online 2026)”
How we checked this
Checked on October 15, 2026. The cited source supports every part of this claim.
The presentation lists the 168 MW Abernathy JV (up to 51% WULF-owned) as leased to Fluidstack, expected online in 2026, with ~$9.5B in total contracted revenues.
Confirmed in the source:
- The Abernathy JV is 168 MW
- TeraWulf owns up to 51% of the Abernathy JV
- The 168 MW at Abernathy is leased to Fluidstack
- The Abernathy JV capacity is expected online in 2026
- The Abernathy lease carries about $9.5B in total contracted revenues
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_513c80c486e62e4bdb70115ded3782f5/terawulf/db/2396/23306/pdf/WULF_Q3_2025_Investor_Update_%28Nov_2025%29vF.pdf) in full (31,442 characters, retrieved October 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Investor Presentation
Quote: “168 MW Abernathy JV 2 (expected online 2026)”