Green financing proceeds allocated to Lake Mariner
Company: TeraWulf - Project: Akela Data
The claim, verbatim
TeraWulf intends to allocate an amount equal to the net proceeds of any Green Financing to the assets at the Lake Mariner Campus in Western New York.
Source (primary)
TeraWulf Green Finance Framework 2025 (IR page (investors.terawulf.com), ir_release)
View cached copy (2026-10-13)Live source ↗
Quote: “TeraWulf intends to allocate an amount equal to the net proceeds of any Green Financing to the assets at the Lake Mariner Campus in Western New York.”
How we checked this
Checked on October 15, 2026. The cited source supports every part of this claim.
The use-of-proceeds section contains this statement word for word.
Confirmed in the source:
- TeraWulf intends to allocate an amount equal to the net proceeds of any Green Financing to the assets at the Lake Mariner Campus
- The Lake Mariner Campus is in Western New York
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_513c80c486e62e4bdb70115ded3782f5/terawulf/db/2476/23466/pdf/TeraWulf_Asset_Level_Green_Framework_Oct_2025.pdf) in full (13,889 characters, retrieved October 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf Green Finance Framework 2025
Quote: “TeraWulf intends to allocate an amount equal to the net proceeds of any Green Financing to the assets at the Lake Mariner Campus in Western New York.”