IRVING, Texas — March 20, 2026 — Fluor Corporation (NYSE: FLR) announced that its Advanced Technologies business has received a limited notice to proceed (LNTP) from TeraWulf Inc. to begin master planning and pre-construction services for a large-scale brownfield data center campus in north central Kentucky. The project is expected to provide access to as much as 480 megawatts of grid-connected power, positioning the development as a significant addition to the region’s digital infrastructure landscape.
Under the LNTP agreement, Fluor will initiate early engineering, master planning and pre-construction activities while the companies finalize definitive engineering, procurement and construction (EPC) documentation. Fluor expects to recognize its portion of the undisclosed contract value in the first quarter.
The project will be led from Fluor’s North American Data Center Execution Hub in Greenville, South Carolina, reflecting the firm’s growing focus on advanced technology and high-performance computing infrastructure.
TeraWulf develops, owns and operates energy-advantaged, industrial-scale data center infrastructure across the United States, with facilities purpose-built to support artificial intelligence and high-performance computing workloads.
“TeraWulf is seeking a long-term partner capable of delivering full integration capabilities at scale,” said Fluor Advances Large-Scale Data Center Development in Kentucky with Limited Notice to Proceed from TeraWulf. “They value Fluor’s commitment to quality and safety while maintaining project speed. Our world-class data center team is prepared to support this strategic initiative through disciplined, end-to-end project delivery.”
About Fluor Corporation
Fluor Corporation (NYSE: FLR) provides engineering, procurement, construction and maintenance services to clients worldwide. With nearly 23,000 employees, the company delivers professional and technical solutions designed to execute capital-efficient, high-impact projects. Fluor reported $15.5 billion in revenue in 2025 and ranks No. 257 on the Fortune 500 list. Headquartered in Irving, Texas, Fluor has supported global infrastructure and industrial development for more than a century.
For more information, visit www.fluor.com.
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Source: Fluor Corporation
