TeraWulf Expands Contracted Power Capacity at its Muskie Data Campus to 1 GW
Key Highlights
- ➤Muskie contracted power capacity doubled from 500 MW to 1 GW
- ➤Second 500 MW phase delivery advanced from 2030 to 2029
- ➤First 500 MW phase remains targeted to begin ramping in 2028
- ➤Expansion remains subject to Kentucky Public Service Commission approval
- ➤TeraWulf evaluates Muskie potential to support up to 2 GW over time
Expert Statements
Paul Prager, Chairman and Chief Executive Officer of TeraWulf
“Customer interest in Muskie has been tremendous, and power availability is central to those conversations,”
Paul Prager, Chairman and Chief Executive Officer of TeraWulf
“Securing the next 500 MW and moving its planned delivery into 2029 gives us greater flexibility to meet prospective customers’ deployment needs.”
Paul Prager, Chairman and Chief Executive Officer of TeraWulf
“It also builds on the progress our teams have made with Kentucky Power since we acquired the site.”
EASTON, Md., Oct. 05, 2026 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), a vertically integrated owner, developer and operator of large-scale digital infrastructure, today announced that it has executed an amended and restated electric service agreement with Kentucky Power, an American Electric Power (“AEP”) company, increasing contracted power capacity at its Muskie Data Campus in eastern Kentucky from 500 megawatts (“MW”) to 1 gigawatt (“GW”).
The amendment advances planned delivery of Muskie’s second 500 MW phase from 2030 to 2029, subject to Kentucky Public Service Commission approval and Kentucky Power’s construction schedule. Development will proceed consistent with the requirements of Governor Beshear’s Executive Order on Data Center Development (2026-494). The first 500 MW phase remains targeted to begin ramping in 2028.
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