NYPA Power Agreement - 90 MW for 10-year term
Company: TeraWulf
The claim, verbatim
TeraWulf has 90 MW allocated under a long-term agreement with the New York Power Authority executed in February 2022 for a ten-year term
Source (primary)
View 10-K PDF (IR page (investors.terawulf.com), ir_release)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
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 October 10, 2026. The cited source supports every part of this claim.
The filing states the 90 MW NYPA allocation, the February 2022 execution date and the ten-year term, and elsewhere calls it a long-term arrangement.
Confirmed in the source:
- 90 MW of Lake Mariner's power is allocated under an agreement with the New York Power Authority
- The NYPA agreement was executed in February 2022
- The NYPA agreement has a ten-year term
- The filing describes the NYPA arrangement as long-term
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://investors.terawulf.com/sec-filings/all-sec-filings/content/0001083301-26-000031/0001083301-26-000031.pdf) in full (556,251 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms View 10-K PDF
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.”