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NC-1 24 MW energization in Q1 2026

Company: WhiteFiber - Project: NC-1

Subject kind
facility capacity
Statement date
2025-07-28
Promised by
2026-03-31
Promised amount
24.0 MW
Current status
verified

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:

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”

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

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”

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.