Fluor Signs EPC Contract with TeraWulf for Large-Scale Data Center Campus in Kentucky
Key Highlights
- ➤Fluor signs definitive EPC contract with TeraWulf for three Kentucky data center buildings
- ➤Fluor expects to recognize the award in fourth quarter after first-two-building pricing finalization
- ➤Fluor bears cost overruns up to a percentage of its profit
- ➤Early works construction has already begun at TeraWulf’s Justified Data Campus
Expert Statements
Leo Kaid, President of Fluor’s Advanced Technologies & Life Sciences business line
“Fluor is proud to expand our partnership with TeraWulf and support the delivery of infrastructure needed to meet the rapidly growing demand for artificial intelligence and high-performance computing.”
Leo Kaid, President of Fluor’s Advanced Technologies & Life Sciences business line
“Our integrated engineering, procurement and construction capabilities, combined with our data center expertise and skilled workforce, position us to deliver this important project with a strong focus on safety, quality and schedule certainty.”
Fluor Signs EPC Contract with TeraWulf for Large-Scale Data Center Campus in Kentucky
Fluor Corporation (NYSE: FLR) announced today that it has signed a definitive engineering, procurement and construction contract with TeraWulf for the development and construction of three data center buildings at the Justified Data Campus in Hawesville, Kentucky. Fluor expects to recognize the award in the fourth quarter upon finalization of pricing for the first two buildings. The contract is structured under which Fluor is responsible for cost overruns up to a percentage of its profit.
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