Kentucky Power, TeraWulf expand Muskie Data power deal, targets $100 million in customer bill credits

By Public Technologies
  • AEP unit Kentucky Power finalized an amended contract to double TeraWulf’s contracted demand at the Muskie Data campus to 1 GW.
  • Deal targets USD 100 million of winter bill credits for Kentucky Power residential customers over 10 years, starting in 2029.
  • Second 500-MW phase delivery pulled forward to 2029 from 2030, subject to Kentucky regulator sign-off.
  • TeraWulf to cover estimated financing costs tied to Kentucky Power’s planned 760-MW combined-cycle plant at Big Sandy.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AEP - American Electric Power Company Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CL63375) on October 05, 2026, and is solely responsible for the information contained therein.

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.
The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.
To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.
 

Cryptocurrency-related content is intended solely as news and market commentary. Crypto Derivatives are not available to Retail clients registered with Capital Com (UK) Ltd.