Home / Debt map / Google backstop for TeraWulf's New York campus
Google backstop for TeraWulf's New York campus
Google backstops Fluidstack's leases and project debt at TeraWulf's New York campus, and takes warrants for about 14% of TeraWulf in return. Anthropic is the customer at the site.
- Size
- $3.2B · $1.8B on lease obligations and $1.4B on project financing.
- Date
- Type
- Backstop
- Status
- Announced
Who does what
- Googlebackstops leases and project debt
- TeraWulfthe landlord
- Fluidstackthe tenant
- Anthropicleases from Fluidstack at the site
What we don’t know
- The project lenders
Sources
- TeraWulf, Fluidstack Expand AI Campus to 360 MW with Google's $3.2B Backing The Energy Mag · Aug 18, 2025
- TeraWulf seeks $3.5bn in funding for construction of data center for Anthropic DCD · Jul 10, 2026
We opened each of these on Oct 30, 2026.
See it on the debt map. Not financial advice.