Three Google credit support agreements and activation terms
Company: TeraWulf
The claim, verbatim
TeraWulf entered into three separate Credit Support Agreements (CB-1, CB-2 and CB-3), each becoming effective for its lease only when the final data hall under that lease begins operations, subject to the agreement's conditions.
Source (primary)
TeraWulf Google Backstop: $19B Anthropic Leases [2026] - https://tech-insider.org/ (-, news_article)
View cached copy (2026-11-05)Live source ↗Archive.org ↗
Quote: “It becomes effective for each lease only when the final data hall under that lease begins operations, subject to the agreement's conditions.”
How we checked this
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Additional evidence
confirms TeraWulf Google Backstop: $19B Anthropic Leases [2026] - https://tech-insider.org/
Quote: “It becomes effective for each lease only when the final data hall under that lease begins operations, subject to the agreement's conditions.”