New York Power Authority power supply agreement for Lake Mariner
Company: TeraWulf - Project: Lake Mariner Anthropic AI Factory
The claim, verbatim
Lake Mariner Data Campus has 90 MW allocated under an agreement with New York Power Authority executed February 2022 providing high-load factor power under a ten-year term
Source (primary)
TeraWulf 10-K filed 2026-02-27 (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 16, 2026. The cited source supports every part of this claim.
The 10-K describes the 90 MW NYPA allocation, the February 2022 execution date, and the ten-year high-load-factor term.
Confirmed in the source:
- 90 MW of Lake Mariner's power needs is allocated under an agreement with the New York Power Authority
- The NYPA agreement was executed in February 2022
- The agreement provides high-load factor power under a ten-year term
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000108330126000031/wulf-20251231.htm) in full (490,491 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 10-K filed 2026-02-27
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.”