Nscale colocation services contract for NC-1
Company: WhiteFiber - Project: NC-1
The claim, verbatim
WhiteFiber entered into Services Agreement with Nscale in November 2025 for colocation and related services at NC-1 facility representing approximately $865 million in total contracted revenue over 10 years with billing for 40 MW phase expected to commence June 2026
Source (primary)
WhiteFiber 10-K filed 2026-03-26 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “In November 2025, our wholly owned subsidiary, Enovum NC-1 Bidco, LLC, entered into the Services Agreement with Nscale Services US Inc. and Nscale Global Holdings Limited (collectively, "Nscale") for the provision of colocation and related services at our NC-1 facility. The initial Service Order pursuant to the Services Agreement represents approximately $865 million in total contracted revenue over a 10-year term. Billing for the 40 MW phase is expected to commence in June 2026, subject to completion of construction and commissioning.”
How we checked this
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Additional evidence
confirms WhiteFiber 10-K filed 2026-03-26
Quote: “In November 2025, our wholly owned subsidiary, Enovum NC-1 Bidco, LLC, entered into the Services Agreement with Nscale Services US Inc. and Nscale Global Holdings Limited (collectively, "Nscale") for the provision of colocation and related services at our NC-1 facility. The initial Service Order pursuant to the Services Agreement represents approximately $865 million in total contracted revenue over a 10-year term. Billing for the 40 MW phase is expected to commence in June 2026, subject to completion of construction and commissioning.”