Project development investment estimate
Company: TeraWulf - Project: Justified Data
The claim, verbatim
TeraWulf estimates that developing the Justified Data Campus site and initial data halls will cost between $4.0 billion and $4.5 billion
Source (primary)
Kentucky Clears 482 MW AI Power Deal for TeraWulf’s Anthropic Campus - TheEnergyMag (-, news_article)
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Quote: “TeraWulf estimates that developing the site and its initial data halls will require between $4 billion and $4.5 billion, based on expected costs of $10 million to $12 million per megawatt of critical IT load.”
How we checked this
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Additional evidence
confirms Kentucky Clears 482 MW AI Power Deal for TeraWulf’s Anthropic Campus - TheEnergyMag
Quote: “TeraWulf estimates that developing the site and its initial data halls will require between $4 billion and $4.5 billion, based on expected costs of $10 million to $12 million per megawatt of critical IT load.”