NC-1 total capacity and contracting status
Company: WhiteFiber - Project: NC-1
The claim, verbatim
NC-1 has 99 gross MW total capacity with Phase 1 representing 40 IT Load MW fully contracted to Nscale under a 10-year agreement.
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: “NC - 1 99 Gross MW Capacity: 100% contracted (2) Customer: Nscale IT Load: 40 MW (3Q26) Term: 10 Years”
How we checked this
Checked on September 23, 2026. The cited source supports part of this claim, but not all of it.
The document confirms that Phase 1's 40 IT load MW is fully contracted to Nscale for 10 years. The 99 gross MW figure is capacity Duke Energy agreed to use commercially reasonable efforts to reach by May 2029, not capacity available today.
Confirmed in the source:
- NC-1 is presented as a 99 gross MW site
- Phase 1 represents 40 IT load MW
- Phase 1 is 100% contracted to Nscale
- The Nscale agreement has a 10-year term
We could not confirm this from the cited source:
- NC-1 currently has 99 gross MW of capacity; the document says 99 MW is the target under the Duke Energy agreement by May 2029, with 54 gross MW of utility power delivered so far
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
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: “NC - 1 99 Gross MW Capacity: 100% contracted (2) Customer: Nscale IT Load: 40 MW (3Q26) Term: 10 Years”