Abernathy Fluidstack lease (25-year)
Company: TeraWulf - Project: Abernathy HPC Campus
The claim, verbatim
The 168 MW Abernathy HPC Campus capacity is fully pre-leased to Fluidstack USA III under 25-year data center lease with built-in rent escalators and term contraction options, with completion and delivery targeted for second half of 2026
Source (primary)
TeraWulf 10-K filed 2026-02-27 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The Abernathy HPC Campus is designed for 168 MW critical IT load, representing the full build-out of the site. This capacity is fully pre-leased to Fluidstack USA III under a 25-year data center lease with built-in rent escalators and options for term contraction... Construction is proceeding in phases, with completion and delivery currently targeted for the second half of 2026.”
How we checked this
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Additional evidence
confirms TeraWulf 10-K filed 2026-02-27
Quote: “The Abernathy HPC Campus is designed for 168 MW critical IT load, representing the full build-out of the site. This capacity is fully pre-leased to Fluidstack USA III under a 25-year data center lease with built-in rent escalators and options for term contraction... Construction is proceeding in phases, with completion and delivery currently targeted for the second half of 2026.”