jain.com

$200M initial term loan funding expected within 30 days

Company: WhiteFiber

Subject kind
financing
Statement date
2026-11-09
Promised by
2026-12-09
Promised amount
200000000.0 USD
Current status
stated

The claim, verbatim

The $200 million initial term loan is expected to fund within 30 days of the agreement's closing, subject to NC-1 reaching readiness and client acceptance of the first 40MW; the contract allows two 30-day extensions.

Source (primary)

WhiteFiber Secure $300M Financing for North Carolina Data Center - TheEnergyMag (-, news_article)
View cached copy (2026-11-11)Live source ↗Archive.org ↗

Quote: “While the initial funding is expected within 30 days of the agreement's closing, the contract allows for two 30-day extensions.”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms WhiteFiber Secure $300M Financing for North Carolina Data Center - TheEnergyMag

Quote: “While the initial funding is expected within 30 days of the agreement's closing, the contract allows for two 30-day extensions.”

View cached copy (2026-11-11)Live source ↗Archive.org ↗