TeraWulf receives credit support from Google to advance its $19 billion data center project.

TeraWulf has signed 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 related anticipated debt financing. Alphabet's senior unsecured debt is currently rated AA+ by S&P and Aa2 by Moody's. The data centers are expected to begin phased delivery at the end of 2027 and continue into the second quarter of 2028.