Abernathy HPC campus (TeraWulf and Fluidstack joint venture)

Under construction

United States · 1 project · Last reported

Summary

AI data center campus in Abernathy, Texas, developed by a joint venture of TeraWulf and Fluidstack announced in October 2025. It is designed for 168 MW of critical IT load (up to 240 MW gross) and is fully pre-leased to a Fluidstack entity for up to 25 years, with Google backstopping about $1.3 billion of the lease obligations; the end user is described only as a global hyperscale AI platform. Project financing was priced in December 2025 and commissioning was targeted for the second half of 2026. In July 2026 TeraWulf agreed to sell its 50.1% stake to a Fluidstack-led investor group, with Fluidstack to keep leading the project.

Source record as of 2026-02-27 · Details and sources

Location

The interactive map needs JavaScript. Display anchor: 33.83220, -101.84310 (Point locator, WGS 84).

View location: OpenStreetMap · Google Maps · Bing aerial · Copernicus Browser

Town or locality reference only; the facility position is not established.

Projects (1)

Abernathy HPC campus (TeraWulf and Fluidstack joint venture)

Under construction last observed as of · Reported status

Location: Abernathy, Texas, US. Town coordinates from Wikipedia; the sources name Abernathy but give no address. The town spans Hale and Lubbock counties, so no county is recorded. TeraWulf; U.S. Securities and Exchange Commission (TeraWulf filing); Wikipedia

Use: Ai unspecified, Hpc

Capacity, investment and other figures

MeasureValueScopeAs ofNotesSources
Power capacity168 MWContracted · Campus · It load2025-10-28TeraWulf; TeraWulf; U.S. Securities and Exchange Commission (TeraWulf filing)
Power capacityup to 240 MWPlanned · Campus · Facility2025-12-18Gross power capacity.TeraWulf; TeraWulf

Companies and organizations

NameRoleNotesSources
TeraWulfDeveloperTeraWulf; U.S. Securities and Exchange Commission (TeraWulf filing)
FluidstackDeveloperJoint venture partner; expected to continue leading the project after its investor group buys TeraWulf's stake.TeraWulf; TeraWulf
TeraWulfOwnerHolds a 50.1% interest per the 10-K and July 2026 release (the October 2025 announcement said 51%); agreed in July 2026 to sell it to a Fluidstack-led investor group for about $530 million, with closing not reported by August 2026.TeraWulf; U.S. Securities and Exchange Commission (TeraWulf filing); TeraWulf; TeraWulf
FluidstackOwnerFluidstack CS I holds the other joint venture interest.U.S. Securities and Exchange Commission (TeraWulf filing); TeraWulf
FluidstackTenantFluidstack USA III pre-leased the full 168 MW under a 25-year lease that can be shortened to 20 or 15 years; Google backstops about $1.3 billion of the lease obligations.TeraWulf; U.S. Securities and Exchange Commission (TeraWulf filing)

Timeline

DateEventActual or plannedNotesSources
2025-10-28AnnouncedActualTeraWulf
2025-12-18OtherActualProject-level construction financing priced.TeraWulf
2026-H2First operationalPlannedTargeted commissioning and delivery.TeraWulf; U.S. Securities and Exchange Commission (TeraWulf filing)
2026-07-06OtherActualTeraWulf agreed to sell its entire 50.1% interest to a Fluidstack-led investor group; the August 2026 results still described it as an agreement.TeraWulf; TeraWulf

Power supply

TypeDescriptionSources
GridCampus is located within the Southwest Power Pool market.U.S. Securities and Exchange Commission (TeraWulf filing)
Sources for these details
Companies
  • Developer: TeraWulf (unknown scope) evidence
  • Developer: TeraWulf (unknown scope) evidence
  • Developer: Fluidstack (unknown scope) evidence
  • Developer: Fluidstack (unknown scope) evidence
  • Owner: TeraWulf (unknown scope) evidence
  • Owner: TeraWulf (unknown scope) evidence
  • Owner: TeraWulf (unknown scope) evidence
  • Owner: TeraWulf (unknown scope) evidence
  • Owner: Fluidstack (unknown scope) evidence
  • Owner: Fluidstack (unknown scope) evidence
  • Tenant: Fluidstack (unknown scope) evidence
  • Tenant: Fluidstack (unknown scope) evidence
Source and location review
Status source
TeraWulf and Fluidstack Announce Successful Pricing of Project Financing for 168 MW HPC Compute Joint Venture evidence row
TeraWulf · published 2025-12-18 · Company disclosure
Locator
Locality reference only · Compiled location reference · locality evidence
Source checks

Not reviewed against imagery not_reviewed
No imagery review is recorded for this project. Its status rests only on the dated authoritative source. · no independent imagery verification

Status age at review: 242 days before the data update on 2026-10-27

Location details
Coordinates
33.83220, -101.84310
Geometry licence
source-terms-not-recorded
Use scope
Locality reference only
Scope class
locality
Authority
Compiled location reference
Source entity
Project
Method
imported_reference_point
Derivation
imported_reference_point
Precision scope
Town coordinates from Wikipedia; the sources name Abernathy but give no address. The town spans Hale and Lubbock counties, so no county is recorded.
Horizontal uncertainty
Not reported

The source record provides no measured horizontal uncertainty; original coordinate precision and note are preserved.

Geometry evidence
9160242e

A locator places the site on the map. It is not a building footprint, a construction extent or a surveyed boundary unless the use scope is an official boundary, and even then it is a parcel or permit boundary.

Evidence

Sources are linked, not redistributed; each keeps its own terms. An archived copy is a lookup for the Wayback Machine capture nearest the retrieval date and may be unavailable or differ from what was reviewed. Each hash states what it covers; imported factual records are not publisher-page captures.

Evidence for Abernathy HPC campus (TeraWulf and Fluidstack joint venture)
TitlePublisherRolesPublishedRetrievedLicenceAttributionContent hash (SHA-256)
Abernathy, Texas
Archived copy
Wikipedia
Other
Imported: Geometry, Imported: Recordnot statedsource-terms-not-recordedWikipedia610d2942d8598286bab8dbfbcbada9479edce5d805ab8faae0739ef6d0129c24
Factual source record; not the publisher page
TeraWulf and Fluidstack Announce Successful Pricing of Project Financing for 168 MW HPC Compute Joint Venture
Archived copy
TeraWulf
Company disclosure
Imported: Record, Imported: Status, Metric: Power Capacity, Milestone: First Operational, Milestone: Othersource-terms-not-recordedTeraWulfd12e5f36682ff1cbf755d6670f6c5562223c18cdcaca17d3872e0f9e5138e91d
Factual source record; not the publisher page
TeraWulf Announces Anthropic Lease at Justified Data Campus and Sale of Majority Interest in Abernathy Joint Venture to Fluidstack
Archived copy
TeraWulf
Company disclosure
Imported: Record, Milestone: Other, Role: Developer, Owner claimsource-terms-not-recordedTeraWulf33ab4eff5577a50d4b8b3c03f34e3cc28178abfae0eeab840b7d1aa53ec08089
Factual source record; not the publisher page
TeraWulf Expands Strategic Partnership with Fluidstack Through New 168 MW AI Compute Joint Venture
Archived copy
TeraWulf
Company disclosure
Imported: Geometry, Imported: Record, Metric: Power Capacity, Milestone: Announced, Role: Developer, Owner claim, Tenant claimsource-terms-not-recordedTeraWulf8ccac3e9c7a630354629068b95d463625fd9fe60d4cf5d67e37dc21e931bac8a
Factual source record; not the publisher page
TeraWulf Inc. Form 10-K for the fiscal year ended December 31, 2025
Archived copy
U.S. Securities and Exchange Commission (TeraWulf filing)
Regulatory filing
Imported: Geometry, Imported: Record, Imported: Status, Metric: Power Capacity, Milestone: First Operational, Power Source: Grid, Role: Developer, Owner claim, Tenant claimsource-terms-not-recordedU.S. Securities and Exchange Commission (TeraWulf filing)d3e84b1907c41fae5cd053f8ba06ce4f9642a3ecc7f97f30f40568646b3ab8c9
Factual source record; not the publisher page
TeraWulf Reports Second Quarter 2026 Results
Archived copy
TeraWulf
Company disclosure
Imported: Record, Milestone: Other, Owner claimsource-terms-not-recordedTeraWulfe878a42e13bb01062d0272f10dbbc05535e82a8fccdf9e7598afe5d93bb30521
Factual source record; not the publisher page
Cite this site

Kyars, K. (2026). Abernathy HPC campus (TeraWulf and Fluidstack joint venture) [site vcc-site-8ea405601b72e53a6661]. In Data Center Atlas (2026-10-27) [Data set]. https://kiankyars.github.io/datacenter-atlas/sites/vcc-site-8ea405601b72e53a6661/

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