AI brief of an SEC Form 8-K · Century Aluminum (CENX)

Century Aluminum sells Kentucky site for $200 million cash and 6.8% data center stake

Positive Impact 3 of 5 m&a Written later

On February 2, 2026, Century Aluminum of Kentucky General Partnership, a subsidiary of Century Aluminum Company, sold about 750 acres in Hawesville, Kentucky to Justified DataPower LLC and completed the sale the same day. The buyer paid $200 million in cash plus a 6.8% non-dilutive minority interest in Raylan Data Holdings, which plans to develop a high-performance computing and artificial intelligence data center on the site. The filing says the cash proceeds and the minority stake are the consideration, and the company will have no obligation to contribute capital to maintain the stake.

Key points

  • Sale completed February 2, 2026, for $200 million in cash plus a 6.8% non-dilutive minority equity interest in Raylan Data Holdings LLC.
  • Property covers approximately 750 acres at 1627 State Route 3543, Hawesville, KY 42348.
  • Company subsidiary may require Raylan Data to buy the minority interest starting on the first anniversary of data center operations; the company will not fund construction or operations.
  • Company press release says TeraWulf Inc. will redevelop the site into a digital infrastructure campus.

The filing

CompanyCentury Aluminum (CENX)
Form8-K, current report
Filed with the SECFeb 2, 2026, 4:17 PM ET
Accession number0001104659-26-009212

Items reported: 1.01 Material Definitive Agreement2.01 Acquisition or Disposition Completed7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 02, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.