New York Power Authority power agreement
Company: TeraWulf - Project: Lake Mariner Anthropic AI Factory
The claim, verbatim
90 MW allocated under NYPA agreement providing high-load factor power under ten-year term commencing with NYPA's initial power delivery
Source (primary)
TeraWulf 424B5 filed 2026-04-15 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Of the campus's total power needs, 90 MW is allocated under an agreement with the New York Power Authority ("NYPA") executed in February 2022, providing high-load factor power under a ten-year term commencing with NYPA's initial power delivery.”
How we checked this
Checked on September 15, 2026. The cited source supports every part of this claim.
The filing describes the 90 MW NYPA allocation with a ten-year high-load-factor term starting at initial delivery.
Confirmed in the source:
- 90 MW is allocated under an agreement with NYPA
- The agreement provides high-load factor power
- The term is ten years commencing with NYPA's initial power delivery
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000110465926043376/tm2611661-6_424b5.htm) in full (221,840 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 424B5 filed 2026-04-15
Quote: “Of the campus's total power needs, 90 MW is allocated under an agreement with the New York Power Authority ("NYPA") executed in February 2022, providing high-load factor power under a ten-year term commencing with NYPA's initial power delivery.”