NC-1 conditional purchase price increment for power capacity
Company: WhiteFiber - Project: NC-1
The claim, verbatim
Purchase price increases by $8M if Duke Energy provides 99 MW within 2 years; $5M if within 2-3 years; $200k/MW over 99 MW (max $5M) if 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 purchase price will increase by (i) $8 million, if Duke Energy actually provides...at least 99 MW (gross) within two years of May 20, 2025, or (ii) $5 million, if Duke Energy actually provides...at least 99 MW (gross) more than two years but less than three years after May 20, 2025. Additionally, the purchase price will increase by an additional $200,000 per MW over 99 MW (gross) up to a maximum of $5 million”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms WhiteFiber 10-K filed 2026-03-26
Quote: “The purchase price will increase by (i) $8 million, if Duke Energy actually provides...at least 99 MW (gross) within two years of May 20, 2025, or (ii) $5 million, if Duke Energy actually provides...at least 99 MW (gross) more than two years but less than three years after May 20, 2025. Additionally, the purchase price will increase by an additional $200,000 per MW over 99 MW (gross) up to a maximum of $5 million”