TeraWulf Secures Google Backstop for Three Anthropic Data Hall Leases
TeraWulf entered into three credit support agreements with Google to backstop certain Anthropic obligations under leases for data halls CB-1, CB-2 and CB-3 at its Hawesville, Kentucky campus. The agreements provide for Google to potentially take over a lease if a payment default or specified insolvency event occurs.
TeraWulf entered into three credit support agreements with Google to backstop certain obligations of Anthropic under its leases for the CB-1, CB-2 and CB-3 data halls at the company's Hawesville, Kentucky campus. If a payment default or specified insolvency event occurs, Google may take over a leas…