Kentucky Power, Terawulf finalize expanded agreement providing $100 million in customer benefits
AEP•Kentucky Power and Terawulf finalized an expanded agreement expected to provide $100 million in winter bill credits over 10 years. Contracted demand at the Muskie Data Campus increases from 500 megawatts to 1 gigawatt, with the second phase's delivery advanced to 2029 pending approval.
1. Expanded agreement
The agreement increases contracted demand at the Muskie Data Campus from 500 megawatts to 1 gigawatt. The second 500-megawatt phase is expected to be delivered in 2029 instead of 2030, pending approval, and Terawulf will pay financing costs for the 760-megawatt Big Sandy facility.
