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TeraWulf Signs New Long-Term Ground Lease Agreement at Lake Mariner Facility
Oct 10, 2024•over 1 year ago
Contract Type
agreement
EastonSustainabilityNatural ResourcesBlockchainCryptocurrencyMiningDescription
TeraWulf Inc. has announced a new, long-term ground lease agreement at Lake Mariner that supports the Company’s expansion into high-performance computing (HPC) and AI data centers. The lease has a term of 35 years with an option to extend for an additional 45 years and increases the land area by nearly 50%, granting TeraWulf exclusive access to infrastructure capacity of up to 750 MW.
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