New York Power Authority power supply agreement
Company: TeraWulf - Project: Lake Mariner Anthropic AI Factory
The claim, verbatim
Lake Mariner has 90 MW allocated under an agreement with NYPA executed in February 2022, providing high-load factor power under a ten-year term
Source (primary)
TeraWulf 424B5 filed 2026-04-14 (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 NYPA allocation, its execution date, the power type and the ten-year term exactly as claimed.
Confirmed in the source:
- 90 MW of Lake Mariner's power needs is allocated under an agreement with NYPA
- The NYPA agreement was executed in February 2022
- The agreement provides high-load factor power
- The agreement has a ten-year term
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000110465926043250/tm2611661-3_424b5.htm) in full (221,842 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 424B5 filed 2026-04-14
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.”