Core42 data center lease
Company: TeraWulf - Project: La Lupa
The claim, verbatim
La Lupa committed to deliver 60 MW of critical IT load to Core42 under long-term data center lease agreements executed December 2024, with 10-year initial term and two 5-year renewal options. Construction commenced in 2024, commissioning commenced in 2025.
Source (primary)
TeraWulf 424B5 filed 2026-04-16 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “In December 2024, La Lupa entered into long-term data center lease agreements with Core42 (the "Core42 Leases"), pursuant to which we committed to deliver 60 MW of critical IT load. The Core42 Leases have an initial ten-year term with two five-year renewal options...Construction commenced in 2024 and continued into 2025; commissioning activities commenced in 2025”
How we checked this
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Additional evidence
confirms TeraWulf 424B5 filed 2026-04-16
Quote: “In December 2024, La Lupa entered into long-term data center lease agreements with Core42 (the "Core42 Leases"), pursuant to which we committed to deliver 60 MW of critical IT load. The Core42 Leases have an initial ten-year term with two five-year renewal options...Construction commenced in 2024 and continued into 2025; commissioning activities commenced in 2025”