Lanyard Power Holdings LLC

TeraWulf Gets Federal Approval To Buy Morgantown Power Plant In Charles County

Federal regulators have approved TeraWulf's purchase of the Morgantown Generating Station in Charles County, Maryland, despite opposition regarding Google's financial relationship with TeraWulf. However, this approval only covers the ownership transfer and does not authorize construction of a data center or new power generation. Charles County commissioners recently scrapped a zoning amendment that would have allowed data centers, leaving the path to development unclear.