Nscale 10-year NC-1 services agreement (~$865M)
Company: WhiteFiber
The claim, verbatim
Nscale is NC-1's only contracted tenant. Its 10-year services agreement is worth about $865 million including escalators and installation fees, with electricity passed through.
Source (primary)
WhiteFiber lines up a $300 million Morgan Stanley loan for its North Carolina AI data center - MLQ.ai (-, news_article)
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Quote: “NC-1's only contracted tenant is Nscale, the AI cloud provider, under a 10-year services agreement worth about $865 million including escalators and installation fees”
How we checked this
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Additional evidence
confirms WhiteFiber lines up a $300 million Morgan Stanley loan for its North Carolina AI data center - MLQ.ai
Quote: “NC-1's only contracted tenant is Nscale, the AI cloud provider, under a 10-year services agreement worth about $865 million including escalators and installation fees”