TeraWulf Executes Credit Support Agreement With Google Regarding Debt Financing Supporting ~$19B Of Contracted Lease Commitments With Anthropic

Benzinga News-desk 3 hours ago

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TeraWulf Inc. (NASDAQ:WULF) ("TeraWulf" or the "Company"), a vertically integrated owner, developer and operator of large-scale digital infrastructure, today announced the execution of credit support

TeraWulf Inc. (NASDAQ:WULF) (“TeraWulf” or the “Company”), a vertically integrated owner, developer and operator of large-scale digital infrastructure, today announced the execution of credit support agreements with Google LLC (“Google”) in connection with debt financing supporting approximately $19 billion of contracted lease commitments with Anthropic, PBC (“Anthropic”) at its Justified Data Campus in Hawesville, Kentucky (“Justified”). The Company also announced a definitive engineering, procurement and construction (“EPC”) agreement with Fluor Enterprises, Inc. (“Fluor”) on a GMP-basis for the development of Justified.

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