TeraWulf to double data center size near Ashland; Ky. Power to add unit at Big Sandy
AI-summarised brief · reviewed before publication
TeraWulf Inc. will double the capacity of its Muskie AI data center at the EastPark industrial park near Ashland, Kentucky, expanding contracted electric demand from 500 MW to 1 GW a year ahead of schedule. The amendment, pending Kentucky Public Service Commission approval, also accelerates a second 500‑MW phase to 2029. Kentucky Power will add a new generating unit at the nearby Big Sandy Power Plant, with TeraWulf covering estimated financing costs for the plant’s planned 760‑MW combined‑cycle facility. In return, Kentucky Power expects to fund $100 million in winter electricity bill credits for residential customers over ten years, roughly $25 per month per household beginning in 2029. Both firms cite the expansion as a catalyst for construction jobs, permanent employment, infrastructure investment and increased local tax revenue.
💡 Why It Matters
- · The deal ties a high‑energy AI hub directly to consumer savings, turning corporate demand into tangible lower winter bills for Kentucky households.
