TeraWulf Gets Credit Backstop From Google for Anthropic Data-Center Project
4 Articles
4 Articles
TeraWulf Secures Google Credit Support for Anthropic Data Center Leases
TeraWulf secured Google credit support for financing roughly $19 billion in Anthropic lease commitments at its Kentucky data center campus, and signed a definitive construction agreement with Fluor covering three data center buildings. Phased delivery is expected to begin in late 2027 and finish in the second quarter of 2028. · 16 sources across the spectrum on IJR News.
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WTVBTeraWulf gets credit backstop from Google for Anthropic data-center project
Nov 4 : Data-center developer TeraWulf said on Wednesday it has secured a credit backstop agreement with Alphabet's Google to support financing needs for its data-center project with Claude creator Anthropic.The company also announced an expanded agreement with construction and engineering firm Fluor Enterpri
ChainCatcher reports that TeraWulf has announced a credit support agreement with Google to finance its Justified data center campus project in Hawesville, Kentucky, which corresponds to a long-term lease commitment of approximately $19 billion with Anthropic. Google will provide contractual credit support for the anticipated debt financing, with Alphabet's senior unsecured debt currently rated AA+ by S&P and Aa2 by Moody's. According to the proj…
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