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TeraWulf says a lot of customers are interested as it doubles power at its Kentucky campus.

DealRead the original at Benzinga
Good for WULF

TeraWulf doubled contracted power at Muskie to 1 gigawatt and moved the second 500-megawatt phase to 2029, citing strong customer interest. This supports growth, though approval and power construction remain pending.

WULF · TeraWulf Inc.

AI read · Good for WULF

The AI's read

That gives TeraWulf more room to serve computing customers, and the company says strong interest drove the expansion. The second phase is due a year earlier. Public-service approval and Kentucky Power’s construction schedule still stand between the plan and delivered power.

AEP · American Electric Power Company, Inc.

AI read · Neutral

The connection

Kentucky Power, an AEP unit, amended its agreement to serve TeraWulf’s campus and is developing a substation. The story gives no expected sales or costs for AEP, so it does not show a clear change for the company.

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