Duke Energy capacity agreement - Phase 1
Company: WhiteFiber - Project: NC-1
What the later record shows
Delivered; the record does not say when
A June 2026 investor presentation says Duke Energy completed the work to deliver the initial 54 gross MW to NC-1, which covers the 24 MW. No passage says when, so on-time delivery by September 1, 2025 cannot be confirmed.
“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 ↗
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
Duke Energy agreed to use commercially reasonable efforts to achieve 24 MW (gross) of service to NC-1 property by September 1, 2025
Source (primary)
WhiteFiber S-1/A filed 2025-07-29 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Pursuant to a Capacity Agreement between Enovum and Duke Energy, Duke Energy agreed to use commercially reasonable efforts to achieve 24 MW (gross) of service to the Property by September 1, 2025”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The prospectus states that under the Capacity Agreement, Duke Energy agreed to use commercially reasonable efforts to achieve 24 MW (gross) of service to the NC-1 property by September 1, 2025.
Confirmed in the source:
- A Capacity Agreement exists between Enovum and Duke Energy covering the NC-1 property
- Duke Energy agreed to use commercially reasonable efforts to provide service to the property
- The target is 24 MW (gross) by September 1, 2025
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/2042022/000121390025068434/ea0249945-03.htm) in full (841,778 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms WhiteFiber S-1/A filed 2025-07-29
Quote: “Pursuant to a Capacity Agreement between Enovum and Duke Energy, Duke Energy agreed to use commercially reasonable efforts to achieve 24 MW (gross) of service to the Property by September 1, 2025”
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.”