TeraWulf announces 20-year lease with Anthropic at Justified Data campus
The Neuron
TeraWulf signed a 20-year lease with Anthropic to operate an AI data center campus in Kentucky and sold its stake in a Texas data center joint venture to Fluidstack. The Anthropic lease will generate $19 billion in contracted revenue over its initial term, with initial capacity coming online in the second half of 2027 at 401 megawatts. TeraWulf will redeploy the $450 million it receives from the Abernathy sale into wholly owned infrastructure projects where it maintains direct operational control.
Why it matters
TeraWulf announced a 20-year lease with Anthropic at its Justified Data campus in Hawesville, Kentucky, expected to generate roughly $19B in contracted revenue. The campus is planned for about 401 MW of critical IT load, with first capacity coming online in late 2027 and full ramp by early 2028.
