New York Power Authority power supply agreement
Company: TeraWulf - Project: Lake Mariner Anthropic AI Factory
The claim, verbatim
Lake Mariner has a long-term power supply agreement with NYPA for 90 MW under a ten-year term, executed in February 2022, providing high-load factor power.
Source (primary)
TeraWulf 424B5 filed 2026-04-16 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “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 states that 90 MW of Lake Mariner's power is allocated under a February 2022 NYPA agreement providing high-load factor power for a ten-year term.
Confirmed in the source:
- Lake Mariner has a power agreement with the New York Power Authority
- 90 MW is allocated under the agreement
- The agreement was executed in February 2022
- It has a ten-year term
- It provides high-load factor power
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000110465926044031/tm2611661-8_424b5.htm) in full (226,161 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 424B5 filed 2026-04-16
Quote: “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.”