Duke Energy NC-1 capacity commitment
Company: WhiteFiber - Project: NC-1
The claim, verbatim
Duke Energy agreed to use commercially reasonable efforts to provide 24 MW by Sept 1, 2025; 40 MW by April 1, 2026; and 99 MW within 4 years
Source (primary)
WhiteFiber 10-K filed 2026-03-26 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “the Company entered into a Capacity Agreement with Duke Energy pursuant to which Duke Energy agreed to use commercially reasonable efforts to achieve 24 MW (gross) of service to NC-1 by September 1, 2025, 40 MW (gross) by April 1, 2026, and 99 MW (gross) within four years of May 16, 2025.”
How we checked this
Checked on September 15, 2026. The cited source supports every part of this claim.
The 10-K describes the Capacity Agreement with Duke Energy and these three service milestones.
Confirmed in the source:
- Duke Energy agreed to use commercially reasonable efforts to achieve 24 MW (gross) of service to NC-1 by September 1, 2025
- Duke Energy agreed to target 40 MW (gross) by April 1, 2026
- Duke Energy agreed to target 99 MW (gross) within four years of May 16, 2025
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/2042022/000121390026034341/ea0278305-10k_white.htm) in full (600,249 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms WhiteFiber 10-K filed 2026-03-26
Quote: “the Company entered into a Capacity Agreement with Duke Energy pursuant to which Duke Energy agreed to use commercially reasonable efforts to achieve 24 MW (gross) of service to NC-1 by September 1, 2025, 40 MW (gross) by April 1, 2026, and 99 MW (gross) within four years of May 16, 2025.”