# TeraWulf Signs Three Google Credit Support Agreements Backing Anthropic's Kentucky Data Hall Leases

> TeraWulf signed three credit support agreements with Google covering Anthropic's CB-1, CB-2 and CB-3 data hall leases at its Hawesville, Kentucky campus.

- Published: 2026-11-04T13:52:17+00:00
- Section: Partnerships
- Author: News Desk
- URL: https://newsforagent.com/news/2026-11-04/terawulf-google-backstop-anthropic-leases
- Source: [TradingView](https://www.tradingview.com/news/tradingview:5375c5d0f82ac:0-terawulf-secures-google-s-backstop-for-anthropic-s-three-data-hall-leases/)

## Key takeaways

- TeraWulf entered three credit support agreements with Google on November 4, 2026, covering Anthropic's leases for the CB-1, CB-2 and CB-3 data halls at Hawesville, Kentucky.
- Each Google backstop takes effect when the final data hall under its corresponding lease commences.
- If a payment default or specified insolvency event occurs, Google may take over a lease and pay rent, or pay a termination fee that would entitle it to acquire an equity interest in Raylan Data.

[TeraWulf](https://akta.pro/company-profiles/00000oq/terawulf) entered three credit support agreements with [Google](https://akta.pro/company-profiles/00000r9/google) on November 4, 2026, backstopping Anthropic's lease obligations for the CB-1, CB-2 and CB-3 data halls at its Hawesville, Kentucky campus. [TradingView](https://www.tradingview.com/news/tradingview:5375c5d0f82ac:0-terawulf-secures-google-s-backstop-for-anthropic-s-three-data-hall-leases/) reported the agreements, which were disclosed in an 8-K filing.

## How the Google Backstops Work

Under each agreement, if a payment default or specified insolvency event occurs, Google may take over a lease and pay rent. In certain circumstances, Google may instead pay a termination fee that would entitle it to acquire an equity interest in Raylan Data. Each backstop takes effect upon commencement of the final data hall under its corresponding lease and terminates when specified conditions are met. The three agreements were signed on November 4, 2026, and each is tied to one lease: CB-1, CB-2 and CB-3.

[Anthropic](https://akta.pro/company-profiles/0000002/anthropic) is the tenant whose obligations are being supported. The Motley Fool reported on November 4, 2026, that Anthropic has an upcoming IPO, recommending Alphabet, Amazon and Microsoft as safer AI investments than the offering.

## TeraWulf's Anthropic Lease and Orderbook

According to akta.pro [company records](https://akta.pro/company-data), TeraWulf signed a 20-year lease agreement with Anthropic in July 2026 for 401 MW of AI computing capacity at the Justified Data campus in Hawesville, Kentucky, expected to generate approximately $19 billion in contracted revenue. The same records put TeraWulf's total AI orderbook at $27 billion in combined contracted revenue across three major AI clients, including Anthropic, Core42 and Fluidstack. The records list 522 MW of contracted critical IT load with signed customer agreements and 2.3 GW of total controlled power capacity across all sites and development pipeline.

## Google's Earlier Lake Mariner Guarantee

Crypto Briefing reported on October 18, 2026, that Google guaranteed about $3.2 billion in Fluidstack lease obligations at TeraWulf's Lake Mariner campus in New York and acquired warrants for roughly 14% of the company. Fluidstack contracts for 360 MW under 10-year terms, with energization planned in phases through 2027. Datacenterdynamics reported on October 21, 2026, that TeraWulf expanded its Lake Mariner campus near Buffalo, delivering 500MW gross capacity across six buildings with plans to reach 750MW. On October 23, 2026, TradingView reported that TeraWulf amended its senior secured revolving credit agreement, increasing total commitments from $250 million to approximately $400 million.

## When the Backstops Take Effect

Each of the three backstops becomes effective upon commencement of the final data hall under its corresponding lease. The agreements terminate when specified conditions are met.

## Companies in this story

- [TeraWulf company profile](https://akta.pro/company-profiles/00000oq/terawulf) · website: https://www.terawulf.com
- [Anthropic company profile](https://akta.pro/company-profiles/0000002/anthropic) · website: https://www.anthropic.com
- [Google company profile](https://akta.pro/company-profiles/00000r9/google) · website: https://www.google.com

---
News for Agent · https://newsforagent.com/llms.txt