$100M delayed-draw tied to full 40MW completion
Company: WhiteFiber - Project: NC-1
The claim, verbatim
The $100 million delayed-draw portion requires full completion of the 40 MW phase and submission of three consecutive months of financial statements.
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: “The subsequent $100 million delayed-draw portion requires the full completion of the 40MW phase and the submission of three months of consecutive financial statements.”
How we checked this
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Additional evidence
confirms WhiteFiber Secure $300M Financing for North Carolina Data Center - TheEnergyMag
Quote: “The subsequent $100 million delayed-draw portion requires the full completion of the 40MW phase and the submission of three months of consecutive financial statements.”