Power contracts
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Financing and contracts Power contracts
TeraWulf Says an Amended Electric Service Agreement Increases the Contracted Power at Its Muskie Data Campus
TeraWulf's release of October 5, 2026 says an amended and restated electric service agreement with a utility increases the contracted power capacity at its Muskie Data Campus in eastern Kentucky, and advances the planned delivery of the campus's second phase from 2030 to 2029, "subject to Kentucky Public Service Commission approval" and the utility's construction schedule.
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Financing and contracts Power contracts
Equipment Ordered, Offtake Intended: BKV's Contract and Its Hyperscaler Backstop
A BKV subsidiary has executed a contract for natural gas-fired power generation equipment for a prospective project in Texas, and a hyperscaler the release calls the intended off-taker has agreed to reimburse a portion of the costs. If BKV and the hyperscaler have not reached mutually agreeable offtake arrangements by March 31, 2027, BKV may terminate the contract.
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Financing and contracts Power contracts
Primary Power for a Data Center: Kodiak Gas Services' Agreement in West Texas
Kodiak Gas Services' release of September 21, 2026 announces an agreement to provide behind-the-meter, baseload power capacity to a West Texas data center "for a term of six years," from natural gas-fueled generation units. The customer is described and not named, and the release states no price.
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Financing and contracts Power contracts
An Electric Service Agreement Before the Money: The Escrow on Notes of an Applied Digital Subsidiary, March 2026
The indenture of March 10, 2026 for notes of APLD ComputeCo 2 LLC, an indirect subsidiary of Applied Digital, keeps the money from the notes in escrow until an officer certifies an electric service agreement that "provides electricity sufficient" for the data center leases, and has the notes redeemed if that certificate has not come by June 30, 2026.
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Financing and contracts Power contracts
A Firm Reservation and One That Ended Early: Liberty Energy's Presentation of March 2026 on Its Power Business
In a presentation dated March 2026, Liberty Energy describes its business of owning and operating distributed power assets for customers. Its slides report a power development agreement anchored by a firm reservation contract, and a reservation agreement that ended early after the project behind it was modified and delayed.
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Financing and contracts Power contracts
Regardless of Actual Usage: The Kansas Commission's Large Load Rate Plan
On November 6, 2025, the Kansas Corporation Commission said it had approved a unanimous settlement agreement creating a Large Load Power Service rate plan. Its release says customers on the plan will pay a minimum monthly bill regardless of actual usage, provide collateral, and pay an exit fee if the contract is terminated early.
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Financing and contracts Power contracts
A PPA for an Advanced, GEN IV Reactor: Google, Kairos Power and TVA on Hermes 2
On August 18, 2025, Google, Kairos Power and the Tennessee Valley Authority announced a new collaboration in which, through a power purchase agreement between Kairos Power and TVA, Kairos Power's Hermes 2 plant in Oak Ridge, Tennessee, will deliver energy to the TVA grid that powers Google data centers in Tennessee and Alabama. The release says that output will be "generated by a single reactor, scheduled to begin operations in 2030."
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Financing and contracts Power contracts
In a Manner Designed to Protect Existing Customers: The Georgia Commission's Order on One Utility's Rules for Large New Customers
On January 23, 2025, the Georgia Public Service Commission approved, as modified by its staff, one utility's revisions to its rules for large new customers, which allow minimum billing requirements and longer contract term lengths. The order gives no figure for either, and requires the utility to file the complete contract on all new contracts.
