Big Rivers substation modification reimbursement obligation
Company: TeraWulf - Project: Justified Data
The claim, verbatim
TeraWulf agreed to reimburse Big Rivers for substation modifications with a net obligation of approximately $11.2 million after $600,000 equipment credit
Source (primary)
TeraWulf Advances $4B Data Center at Former Kentucky Smelter - Engineering News-Record (-, news_article)
View cached copy (2026-09-01)Live source ↗
Quote: “TeraWulf disclosed in its filing that it agreed to reimburse Big Rivers for substation modifications, with a net obligation of about $11.2 million after a $600,000 credit for electrical equipment”
How we checked this
Checked on September 15, 2026. The cited source supports every part of this claim.
The article reports TeraWulf's disclosure of an agreement to reimburse Big Rivers for substation modifications, with a net obligation of about $11.2 million after a $600,000 equipment credit.
Confirmed in the source:
- TeraWulf agreed to reimburse Big Rivers for substation modifications
- The net obligation is about $11.2 million
- The net figure reflects a $600,000 credit for electrical equipment
What we did: Read our cached copy of the publisher (https://www.enr.com/articles/63556-terawulf-advances-4b-data-center-at-former-kentucky-smelter) in full (11,913 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf Advances $4B Data Center at Former Kentucky Smelter - Engineering News-Record
Quote: “TeraWulf disclosed in its filing that it agreed to reimburse Big Rivers for substation modifications, with a net obligation of about $11.2 million after a $600,000 credit for electrical equipment”