TeraWulf acquires 1+ GW hyperscale AI/HPC campus in Eastern Kentucky (Muskie Data Campus)

TERAWULF INC.

Acquired 285-acre Muskie Data Campus in Eastern Kentucky from Industrial Equity Partners; closed May 22, 2026.
Site expected to support over 1 GW data center capacity; initial 500 MW in H2 2028, additional 500 MW in H2 2030.
Kentucky Power (AEP) building 345 kV substation connected to 765 kV network; long-term power agreements executed.
No third-party consents or regulatory approvals required; site zoned, permitting underway.
Second major Kentucky campus after 480 MW Justified Data site; aligns with strategy focusing on power and transmission.

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