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Abernathy HPC Campus

Project of TeraWulf

Kind: datacenter
Location: Abernathy, Texas
County: Hale
State/region: TX
Country: US
Status: announced

Capacity

What has actually been delivered, against what has been promised. Each figure links to the statement it came from.

Stage	Capacity	As of	Source
Energized power flowing today	--
Contracted a customer is on the hook	168 MW	2026-09-01	Abernathy JV HPC lease with Fluidstack - 168 MW
Under construction	--
Permitted	--
Interconnect approved utility has agreed to deliver	--
Interconnect requested in a queue, nothing approved	--
Announced a press-release figure	168 MW	2026-09-01	Phase 1 commercial operation in H2 2026 for 168 MW

Who has claimed this site

Capacity commitments in the order they were announced. A commitment that ended shows why.

2025-10-01

Fluidstack - jv partner · 168 MW source

2026-02-26

Fluidstack - tenant · 168 MW · 25-year term source

2026-02-26

Google - guarantor source

Claims about this project

2025-10-29 - stated

Data center campus construction in Abernathy, Texas.

2025-10-30 - stated

Data center campus construction in Abernathy, Texas.

2025-12-17 - stated

Senior secured notes offering 1300000000.0 USD.

2025-12-17 - stated

Fluidstack joint venture ownership structure.

2025-12-17 - stated

Senior secured notes offering 1275000000.0 USD.

2025-12-17 - delayed

Notes offering expected closure. Promised by 2025-12-29.

2025-12-17 - stated

New data center campus in Abernathy, Texas.

2025-12-17 - stated

Joint venture with Fluidstack in Flash Compute.

2025-12-28 - stated

Note amortization conditional on campus completion.

2025-12-28 - stated

$100M completion guarantee 100000000.0 USD.

2025-12-28 - stated

Joint venture with Fluidstack.

2025-12-28 - stated

Abernathy HPC Campus construction.

2026-02-26 - stated

Google credit support for Abernathy lease.

2026-02-26 - stated

Abernathy HPC Campus construction and delivery timeline.

2026-02-26 - stated

Fluidstack USA III 168 MW 25-year hosting agreement for Abernathy 168.0 MW.

2026-02-26 - stated

Abernathy HPC Campus joint venture with Fluidstack 50.1 percent.

2026-02-26 - stated

Abernathy HPC Campus 168 MW capacity 168.0 MW.

2026-02-26 - stated

Abernathy Campus completion and delivery timing.

2026-02-26 - stated

Google credit support for Abernathy Fluidstack lease.

2026-02-26 - stated

Google credit support for Abernathy Fluidstack lease.

2026-02-26 - stated

Abernathy HPC Campus joint venture with Fluidstack 50.1 percent.

2026-02-26 - delayed

Abernathy Fluidstack lease (25-year) 168.0 MW. Promised by 2026-07-01.

2026-02-26 - stated

Abernathy joint venture with Fluidstack (50.1% ownership).

2026-08-27 - stated

Abernathy joint venture stake sale proceeds for AI campus development 450000000.0 USD.

2026-08-27 - stated

Abernathy joint venture divestment 450000000.0 USD.

2026-09-01 - delayed

Abernathy HPC datacenter joint venture 168.0 MW. Promised by 2025-10-27.

2026-09-01 - stated

Abernathy JV Sale 530.0 USD.

2026-09-01 - stated

Abernathy JV optional expansion 84.0 MW.

2026-09-01 - stated

Abernathy Joint Venture Investment.

2026-09-01 - stated

Abernathy Joint Venture with Fluidstack - 50.1% ownership.

2026-09-01 - stated

Abernathy - Fluidstack Lease - 168 MW full build-out 168.0 MW.

2026-09-01 - stated

Google Credit Support - Abernathy Fluidstack Lease.

2026-09-01 - stated

Joint venture with Fluidstack for 168 MW data center 168.0 MW.

2026-09-01 - stated

TeraWulf owns 51% of Abernathy joint venture 51.0 percent.

2026-09-01 - stated

$1.3 billion backstop for Fluidstack lease obligations 1300.0 USD.

2026-09-01 - stated

Google provides backstop support.

2026-09-01 - stated

Abernathy JV ownership stake 50.1 percent.

2026-09-01 - stated

Abernathy JV Q4 expansion 84.0 MW.

2026-09-01 - stated

Exclusive Fluidstack JV options for future capacity 336.0 MW. Promised by 2028-12-31.

2026-09-01 - stated

Abernathy JV HPC lease with Fluidstack - 168 MW 168.0 MW. Promised by 2026-12-31.

2026-09-01 - stated

Phase II expansion in 2027-2028.

2026-09-01 - stated

Phase 1 commercial operation in H2 2026 for 168 MW 168.0 MW.

2026-09-01 - stated

345 kV interconnection at Abernathy 345.0 kV.

2026-09-01 - stated

Abernathy site comprises 120 acres 120.0 acres.

2026-09-01 - stated

25-year lease for Abernathy site 25.0 years.

2026-09-01 - stated

168 MW of critical IT load under contract 168.0 MW.

2026-09-01 - stated

Fluidstack 25-year lease at Abernathy.

2026-09-01 - stated

Abernathy Joint Venture 50.1% equity interest 168.0 MW.

2026-09-01 - stated

Abernathy HPC Campus expansion progress.

2026-09-01 - stated

Abernathy Joint Venture with Fluidstack.