Morgantown power generation facility acquisition planned
Company: TeraWulf
The claim, verbatim
Company entered into Equity and Asset Purchase Agreement for Morgantown generating station in Charles County, Maryland featuring approximately 210 MW of current operational capacity; closing subject to third-party consents and regulatory approvals including from FERC; expected to close in Q2 2026
Source (primary)
View 10-K PDF (IR page (investors.terawulf.com), ir_release)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “Additionally, on February 2, 2026, the Company issued a press release announcing the entry into an Equity and Asset Purchase Agreement (the "Morgantown Purchase Agreement") for the Morgantown generating station in Charles County, Maryland... contemplates the acquisition of the Morgantown generating station, a grid-connected power generation facility with approximately 210 MW of current operational capacity... The Company expects to close on the Morgantown acquisition in the second quarter of 2026, subject to receiving these consents and approvals”
How we checked this
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Additional evidence
confirms View 10-K PDF
Quote: “Additionally, on February 2, 2026, the Company issued a press release announcing the entry into an Equity and Asset Purchase Agreement (the "Morgantown Purchase Agreement") for the Morgantown generating station in Charles County, Maryland... contemplates the acquisition of the Morgantown generating station, a grid-connected power generation facility with approximately 210 MW of current operational capacity... The Company expects to close on the Morgantown acquisition in the second quarter of 2026, subject to receiving these consents and approvals”