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Fluor Signs EPC Contract with TeraWulf for Large-Scale Data Center Campus in Kentucky

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Fluor Corporation (NYSE: FLR) announced today that it has signed a definitive engineering, procurement and construction contract with TeraWulf for the development and construction of three data center buildings at the Justified Data Campus in Hawesville, Kentucky. Fluor expects to recognize the award in the fourth quarter upon finalization of pricing for the first two buildings. The contract is structured under which Fluor is responsible for cost overruns up to a percentage of its profit.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261104906064/en/

TeraWulf Justified Data Campus in Hawesville, Kentucky

TeraWulf Justified Data Campus in Hawesville, Kentucky

“Fluor is proud to expand our partnership with TeraWulf and support the delivery of infrastructure needed to meet the rapidly growing demand for artificial intelligence and high-performance computing,” said Leo Kaid, President of Fluor’s Advanced Technologies & Life Sciences business line. “Our integrated engineering, procurement and construction capabilities, combined with our data center expertise and skilled workforce, position us to deliver this important project with a strong focus on safety, quality and schedule certainty.”

Fluor began supporting the project under a limited notice to proceed announced in March 2026.

Early works construction has already begun.

About Fluor Corporation

Fluor Corporation (NYSE: FLR) is building a better world by applying world-class expertise to solve its clients’ greatest challenges. Fluor’s nearly 23,000 employees provide professional and technical solutions that deliver safe, well-executed, capital-efficient projects to clients around the world. Fluor had revenue of $15.5 billion in 2025 and is ranked 257 among the Fortune 500 companies. With headquarters in Irving, Texas, Fluor has provided engineering, procurement, construction and maintenance services for more than a century. For more information, please visit www.fluor.com or follow Fluor on Facebook, Instagram, LinkedIn, X and YouTube.

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“Fluor is proud to expand our partnership with TeraWulf and support the delivery of infrastructure needed to meet the rapidly growing demand for artificial intelligence and high-performance computing.” - Leo Kaid

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Investor Relations
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