Nscale 10-year, 40 MW colocation agreement at NC-1
Company: WhiteFiber - Project: NC-1
The claim, verbatim
WhiteFiber's subsidiary Enovum executed a 10-year colocation agreement with Nscale for 40 MW of critical IT load at NC-1 data center in Madison, North Carolina, representing approximately $865 million in contracted revenue
Source (primary)
whitefiber 8-K exhibit (ea026991801ex99-1_white.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-23)Live source ↗
Quote: “The agreement secures the first 40 megawatt delivery of critical IT load at WhiteFiber's flagship NC-1 data center campus in Madison, North Carolina. The contract represents approximately $865 million in contracted revenue over the initial 10-year term”
How we checked this
Checked on September 26, 2026. The cited source supports every part of this claim.
The press release states each element: the Enovum subsidiary, Nscale as counterparty, the 10-year term, 40 MW at NC-1 in Madison, North Carolina, and about $865 million in contracted revenue.
Confirmed in the source:
- WhiteFiber's subsidiary Enovum Data Centers Corp. executed a colocation agreement with Nscale
- The agreement has an initial 10-year term
- The agreement covers 40 MW of critical IT load
- The capacity is at WhiteFiber's NC-1 data center campus in Madison, North Carolina
- The contract represents approximately $865 million in contracted revenue
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/2042022/000121390025123321/ea026991801ex99-1_white.htm) in full (8,218 characters, retrieved September 23, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms whitefiber 8-K exhibit (ea026991801ex99-1_white.htm)
Quote: “The agreement secures the first 40 megawatt delivery of critical IT load at WhiteFiber's flagship NC-1 data center campus in Madison, North Carolina. The contract represents approximately $865 million in contracted revenue over the initial 10-year term”