Utility Dive•13 days ago
FERC urged to reject TeraWulf’s power plant purchase due to undisclosed Google ownership stake
- •FERC is reviewing TeraWulf's proposed power plant acquisition in Maryland, which is intended to power a major data center.
- •The acquisition faces opposition due to an undisclosed Google ownership stake in TeraWulf, raising regulatory transparency concerns at FERC.
- •This case underscores FERC's increasing scrutiny of power plant ownership and its implications for large, captive load developments like data centers.
datacenter