Tue, May 26, 2026
TeraWulf acquires 1+ GW Muskie Data Campus in Eastern Kentucky
Key points
- Acquired the Muskie Data Campus, a hyperscale HPC development site in Eastern Kentucky, from Industrial Equity Partners
- Site is expected to support more than 1 GW of data center capacity over time
- Initial 500 MW expected to ramp beginning in the second half of 2028, with an additional 500 MW targeted for the second half of 2030
- Located within the 1,000-acre EastPark Industrial Park, with approximately 285 acres of owned and controlled land plus optional adjacent acreage
- Kentucky Power is constructing a 345 kV substation connected to the 765 kV transmission network; transmission and energy service agreements executed concurrently with the acquisition
Site update
| Site | Status | Active | In build | Theoretical |
|---|---|---|---|---|
MuskieGrayson, KY Acquisition from Industrial Equity Partners announced May 26, 2026; expected to support more than 1 GW of data center capacity over time (theoretical figure stated as "more than 1 GW"); initial 500 MW ramp expected beginning H2 2028, additional 500 MW targeted H2 2030; within 1,000-acre EastPark Industrial Park with ~285 acres owned/controlled; Kentucky Power constructing 345 kV substation connected to 765 kV network; site zoned, permitting underway, limited site work required | Disclosed | — | — | 1,000 MWgross |