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40 MW capacity at NC-1 by end Q2 2026

Company: WhiteFiber

Subject kind
guidance
Statement date
2025-07-10
Promised by
2026-06-30
Promised amount
40.0 MW
Current status
verified

What the later record shows

Delivered on time

The June 2026 deck, using company information as of May 31, 2026, says Duke Energy completed work to deliver 54 gross MW of utility power to NC-1, which exceeds the 40 MW promised by the end of Q2 2026. The exact energization dates are not given.

“Duke Energy has completed the work required to deliver the initial 54 gross MW of utility power to the NC-1 site.”
2026-06-09 · whitefiber 8-K exhibit (ea029430601ex99-1.htm) View cached copy (2026-09-06)Live source ↗
“Source: Company information as of May 31, 2026; Note: All MW reflected on a gross basis.”
2026-06-09 · whitefiber 8-K exhibit (ea029430601ex99-1.htm) View cached copy (2026-09-06)Live source ↗

Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

Expects 24 MW energized in Q1 2026 and 16 MW in Q2 2026 for total of 40 MW at NC-1 by end of Q2 2026

Source (primary)

WhiteFiber S-1 filed 2025-07-11 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “Management expects another 24 MW (gross) will be energized in the first quarter of 2026 and that an incremental 16 MW (gross) will be energized in the second quarter of 2026 for a total of 40 MW (gross) at the NC-1 site by the end of the second quarter of 2026”

How we checked this

Checked on October 11, 2026. The cited source supports every part of this claim.

The filing states management's expectation of 24 MW energized in Q1 2026 and 16 MW in Q2 2026, for a total of 40 MW at NC-1 by the end of Q2 2026.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/2042022/000121390025063338/ea0248382-s1_white.htm) in full (819,180 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms WhiteFiber S-1 filed 2025-07-11

Quote: “Management expects another 24 MW (gross) will be energized in the first quarter of 2026 and that an incremental 16 MW (gross) will be energized in the second quarter of 2026 for a total of 40 MW (gross) at the NC-1 site by the end of the second quarter of 2026”

View cached copy (2026-08-31)Live source ↗

confirms whitefiber 8-K exhibit (ea029430601ex99-1.htm)

Quote: “Duke Energy has completed the work required to deliver the initial 54 gross MW of utility power to the NC-1 site.”

View cached copy (2026-09-06)Live source ↗

Record of changes

September 2, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 3, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 10, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.