WhiteFiber signs 10-year, $865M colocation deal with Nscale for 40 MW at NC-1 campus

WhiteFiber, Inc.

Total contracted revenue ~$865M over 10-year term with 3% annual escalators, excluding electricity passthrough.
40 MW IT load deployed in two 20 MW phases; billing for Phase 1 starts April 30, 2026, Phase 2 May 30, 2026.
NC-1 facility is Tier 3-equivalent, supports up to 150 kW/cabinet with N+1 cooling; targeted PUE ≤1.3.
WhiteFiber has invested ~$150M equity in site; expects to formalize a credit facility early Q1 2026.
Nscale gets priority on future capacity; WhiteFiber sees potential to double deployment to 80 MW by end of 2027.

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