Remaining PILOT payment in 2028
Company: Hut 8 - Project: River Bend
The claim, verbatim
Hut 8 is expected to make an additional PILOT payment in 2028, with approximately $40 million expected to complete the first full year of the $100 million annual PILOT commitment
Source (primary)
How Hut 8's $10 million pre-payment to West Feliciana Parish was spent - WBRZ (-, news_article)
View cached copy (2026-09-08)Live source ↗Archive.org ↗
Quote: “with the rest of the $100 million coming in 2028”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document states $60 million is expected in summer and the rest of the $100 million in 2028, which yields the approximately $40 million remainder.
Confirmed in the source:
- An additional PILOT payment is expected in 2028
- The 2028 payment covers the rest of the roughly $100 million first-year total, leaving about $40 million after the $60 million summer payment
What we did: Read our cached copy of the publisher (https://www.wbrz.com/news/how-hut-8-s-10-million-pre-payment-to-west-feliciana-parish-was-spent/) in full (8,717 characters, retrieved September 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms How Hut 8's $10 million pre-payment to West Feliciana Parish was spent - WBRZ
Quote: “with the rest of the $100 million coming in 2028”