Duke Energy NC-1 power supply commitment
Company: WhiteFiber - Project: NC-1
The claim, verbatim
Duke Energy agreed to commercially reasonable efforts to achieve 99 MW power supply to NC-1 by May 2029 and has completed work to deliver initial 54 gross MW.
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: “Duke Energy agreed to commercially reasonable efforts to achieve 99.0 MW by May 2029. Duke Energy has completed the work required to deliver the initial 54 gross MW of utility power to the NC - 1 site.”
How we checked this
Checked on September 23, 2026. The cited source supports every part of this claim.
The NC-1 site overview footnote states both the commercially-reasonable-efforts commitment to 99.0 MW by May 2029 and the completion of work to deliver the initial 54 gross MW.
Confirmed in the source:
- Under the Duke Energy Capacity Agreement, Duke Energy agreed to use commercially reasonable efforts to achieve 99.0 MW for NC-1 by May 2029
- Duke Energy has completed the work required to deliver the initial 54 gross MW of utility power to the NC-1 site
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: “Duke Energy agreed to commercially reasonable efforts to achieve 99.0 MW by May 2029. Duke Energy has completed the work required to deliver the initial 54 gross MW of utility power to the NC - 1 site.”