Kentucky PSC approves 482 MW RESA for TeraWulf Justified
Kentucky PSC approved the RESA so Big Rivers Electric and Kenergy can serve up to 482 MW at the former Century Aluminum Hawesville site, Hancock County. TeraWulf bears market, transmission, delivery, customer-specific infrastructure, and credit support. Power procured through MISO. TeraWulf estimates $4.0–4.5B of site and initial data-hall investment at $10–12M per MW of critical IT, exclusive of tenant compute. Air-modeling and noise studies still due. Commercial overlay (July, not this week): 20-year Anthropic lease for about 401 MW critical IT.
Why it matters
Power was the gate for that campus. The order rings large-load costs onto the tenant.
Companies
- WULF
- Anthropic
- Big Rivers
- Kenergy
Risks
- Tariff order is not COD, financial close, or construction NTP.
- Local air and noise remain open.