A bitcoin landlord: Crypto mining company TeraWulf has inked a 20-year lease agreement with Anthropic for a new data center campus in Kentucky (which is set to reach 400 MW of capacity by 2028). The deal is predicted to bring in $19B in revenue.
Co-location negotiation: National Grid Ventures announced it’s investing $1.75B for a 35% stake in Joulent LLC, which builds “across-the-meter” generation for data centers that can eventually link to the grid.
A battery boost: Fuel cell developer Bloom Energy and investment firm Brookfield are upping their partnership from $5B to $25B. The expansion “reflects strong and sustained demand from hyperscalers and AI infrastructure,” the companies wrote in a statement. Clearly, you can put a (huge) price on speed-to-power.
Molly Glick
Energy Central Team
Tue, Jul 7