Nscale 10-year anchor contract at NC-1
Company: WhiteFiber - Project: NC-1
The claim, verbatim
Nscale has contracted for a 10-year, 40 MW IT load agreement at NC-1 with total contract value of approximately $865 million inclusive of contractual annual rate escalators and non-recurring installation and build-related charges.
Source (primary)
whitefiber 8-K exhibit (ea030525701ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-15)Live source ↗
Quote: “Signed 10 - year, 40 MW IT load agreement with Nscale representing ~$865M TCV”
How we checked this
Checked on September 23, 2026. The cited source supports every part of this claim.
The presentation repeatedly describes the 10-year, 40 MW IT load Nscale agreement at NC-1 at about $865M TCV, with a footnote specifying escalators and installation and build-related charges.
Confirmed in the source:
- Nscale signed a 10-year agreement at NC-1
- The agreement covers 40 MW IT load
- Total contract value is approximately $865 million
- The $865 million includes contractual annual rate escalators and non-recurring installation and build-related charges
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/2042022/000121390026099424/ea030525701ex99-1.htm) in full (29,875 characters, retrieved September 15, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms whitefiber 8-K exhibit (ea030525701ex99-1.htm)
Quote: “Signed 10 - year, 40 MW IT load agreement with Nscale representing ~$865M TCV”