NC-1 24 MW energization in Q1 2026
Company: WhiteFiber - Project: NC-1
What the later record shows
Delivered late · new target April 30, 2026
The 10-K of 2026-03-25 scheduled the first 27 MW of service for April 2026, so energization slipped past Q1. A June 2026 deck says Duke had completed work to deliver the initial 54 gross MW, but gives no date.
“we intend to complete the first 27 gross MW (gross) of service at NC-1 in April 2026, with another 27 gross MW (gross) of service in May 2026”
2026-03-25 · WhiteFiber 10-K filed 2026-03-26 View cached copy (2026-08-31)Live source ↗
“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
Management expects 24 MW (gross) will be energized at NC-1 in the first quarter of 2026
Source (primary)
WhiteFiber S-1/A filed 2025-07-29 (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”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The prospectus states that management expects another 24 MW (gross) to be energized in Q1 2026. The surrounding text, which describes the 40 MW total at NC-1 and the initial 24 MW NC-1 capacity due in Q1 2026, ties this figure to NC-1.
Confirmed in the source:
- Management expects 24 MW (gross) to be energized in the first quarter of 2026
- This 24 MW relates to the NC-1 site
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: “Management expects another 24 MW (gross) will be energized in the first quarter of 2026”
confirms WhiteFiber 10-K filed 2026-03-26
Quote: “we intend to complete the first 27 gross MW (gross) of service at NC-1 in April 2026, with another 27 gross MW (gross) of service in May 2026”
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.”
