Fluidstack Abernathy AI data center (formerly TeraWulf joint venture)

Also called: Abernathy HPC Campus, TeraWulf Abernathy

An AI data center campus is being built on 120 acres at Abernathy, north of Lubbock. It was started by TeraWulf and Fluidstack. Fluidstack's group now controls it. It is separate from Aligned's Project Caprock nearby.

✔ ConfirmedSourceLast checked: Oct 6, 2026

Where things stand: Being built in phases; delivery was targeted for the second half of 2026. TeraWulf sold its share to a Fluidstack-led group in July 2026.

🕒 Latest update (July 6, 2026): TeraWulf sold its 50.1% share to a Fluidstack-led group. Fluidstack now leads the project.

What we know

📍 WhereA 120-acre campus at Abernathy, about 20 miles north of Lubbock. Abernathy sits in both Hale and Lubbock counties; the exact county of the site is not confirmed., Abernathy, Hale County
🏢 CompanyFluidstack-led investor group (TeraWulf was 50.1% owner until July 2026)
🏛️ Owned byFluidstack
👤 Built forFluidstack (AI cloud company); Google backs about $1.3 billion of the lease
🌳 Size120 acres
⚡ Power it needs240 megawatts (about as much as 192,000 homes)

❓ Still unanswered

Nobody has answered these in public yet. Can you help find out?

Is the site in Hale County or Lubbock County, and inside Abernathy city limits? 🙋 I'll find out
Where does its power come from? 🙋 I'll find out
How much water will it use? 🙋 I'll find out
Were any local tax breaks given? 🙋 I'll find out

What happened so far

Oct 28, 2025
TeraWulf and Fluidstack announced a 240-megawatt AI campus at Abernathy, fully leased for 25 years (about $9.5 billion), with Google backing part of the lease.
July 6, 2026
TeraWulf sold its 50.1% share to a Fluidstack-led group. Fluidstack now leads the project.

🛰️ See it from above

Drag the slider to compare the land before and now.

RecentRecent

We only know the town, so this shows the town center, not the exact site. Photos: USGS The National Map.

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Where this comes from

TeraWulf press release (8-K exhibit): Abernathy joint venture with Fluidstack · TeraWulf / SEC EDGAR · Oct 28, 2025
TeraWulf surges on $19B Anthropic AI lease, $450M Fluidstack JV exit · The Energy Mag · July 2026

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