jain.com

Abernathy lease structure

Company: TeraWulf

Subject kind
customer
Statement date
2025-10-27
Current status
stated

The claim, verbatim

The Abernathy lease is a modified gross lease with annual escalators, and power costs are 100% passed through to the tenant.

Source (primary)

Majority-Owned Joint Venture with Fluidstack for 168 MW in Texas (IR page (investors.terawulf.com), ir_release)
View cached copy (2026-11-06)Live source ↗Archive.org ↗

Quote: “Modified gross lease structure with annual escalators Power 100% passed-through to tenant”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Majority-Owned Joint Venture with Fluidstack for 168 MW in Texas

Quote: “Modified gross lease structure with annual escalators Power 100% passed-through to tenant”

View cached copy (2026-11-06)Live source ↗Archive.org ↗