BUZZ-TeraWulf doubles power capacity at Kentucky data center campus; stock price rises
路透社2026/10/05 12:51October 5 - ** Data center developer TeraWulf (WULF.O) saw its shares rise 3.2% to $16 in pre-market trading ** TeraWulf signed a revised agreement with Kentucky Power, a subsidiary of American Electric Power (AEP.O), to increase the contracted power capacity at its Muskie Data Campus in eastern Kentucky from 500 megawatts to 1 gigawatt ** The agreement advances the planned delivery timeline for the campus' second phase, a 500-megawatt project, from 2030 to 2029, subject to approval by the Kentucky Public Utilities Commission and depending on Kentucky Power's construction schedule ** The agreement is expected to provide $100 million in winter electricity bill credits for Kentucky Power’s residential customers, funded by TeraWulf, over the first 10 years of the contract ** As of the last close, the company’s share price had risen 34.8% so far this year.
October 5 - ** Shares of data center developer TeraWulf (WULF.O) rose 3.2% in pre-market trading to $16
** TeraWulf signed a revised agreement with American Electric Power's (AEP.O) Kentucky Power subsidiary to increase the contracted power capacity at its Muskie Data Campus in eastern Kentucky from 500 megawatts to 1 gigawatt
** The agreement brings forward the planned delivery time for the campus's second 500-megawatt phase from 2030 to 2029, but it is subject to approval by the Kentucky Public Utility Commission and dependent on Kentucky Power's construction progress
** Under the agreement, TeraWulf is expected to contribute $100 million in winter electricity bill credits for Kentucky Power’s residential customers within the first 10 years of the contract
** As of the previous close, the company's share price has increased 34.8% so far this year
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