Akela 450 MW online in phases through 2026
Company: TeraWulf - Project: Akela Data
The claim, verbatim
Akela (450 MW) is under construction, with about 45% of costs locked, and capacity is coming online in phases throughout 2026.
Source (primary)
Investor Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-10-13)Live source ↗Archive.org ↗
Quote: “Akela (450 MW) under construction with capacity online in phases throughout 2026”
How we checked this
Checked on October 15, 2026. The cited source supports every part of this claim.
The presentation describes Akela as 450 MW under construction with ~45% of costs locked and capacity coming online in phases throughout 2026.
Confirmed in the source:
- Akela is 450 MW
- Akela is under construction
- About 45% of Akela's costs are locked
- Akela capacity is coming online in phases throughout 2026
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: “Akela (450 MW) under construction with capacity online in phases throughout 2026”