other_material
confidence high
sentiment positive
materiality 0.75
TeraWulf acquires two sites adding 1.5 GW capacity, Kentucky and Maryland
TERAWULF INC.
- Hawesville, KY site closed Feb 2: ~480 MW available power, 250 buildable acres, option exercised.
- Morgantown, MD (PJM) acquisition signed, ~210 MW operational, expandable to 1 GW; closing subject to FERC.
- Portfolio totals 2.8 GW across five sites; targets 250–500 MW new contracted capacity annually.
- Morgantown acquisition includes 210 MW generating station; development to add generation and storage.
item 8.01item 9.01