Initial $200M draw expected within 30 days of closing
Company: WhiteFiber - Project: NC-1
The claim, verbatim
The initial $200 million funding is expected within 30 days of the agreement's closing, with two possible 30-day extensions, and is conditioned on readiness and client acceptance of the first 40 MW at NC-1.
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
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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.”