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NC-1

Project of WhiteFiber

Kind: datacenter
Location: 805 Island Drive, Madison, NC
County: Rockingham
State/region: NC
Country: US
Status: announced

Capacity

What has actually been delivered, against what has been promised. Each figure links to the statement it came from.

Stage	Capacity	As of	Source
Energized power flowing today	40 MW	2026-08-12	NC-1 site active deployment
Contracted a customer is on the hook	99 MW	2025-08-07	Duke Energy capacity agreement for NC-1
Under construction	40 MW	2026-05-26	NC-1 Phase I Data Center Capacity
Permitted	--
Interconnect approved utility has agreed to deliver	--
Interconnect requested in a queue, nothing approved	--
Announced a press-release figure	300 MW	2026-08-21	NC-1 potential to scale to 300 gross megawatts

Who has claimed this site

Capacity commitments in the order they were announced. A commitment that ended shows why.

2025-12-17

Nscale - tenant · 10-year term source

Claims about this project

2025-07-10 - delayed

NC-1 initial 24 MW completion 24.0 MW. Promised by 2026-03-31.

2025-07-10 - delayed

Duke Energy 40 MW capacity commitment 40.0 MW. Promised by 2026-04-01.

2025-07-10 - stated

Duke Energy 99 MW capacity commitment 99.0 MW. Promised by 2029-05-16.

2025-07-10 - delayed

Duke Energy 24 MW capacity commitment 24.0 MW. Promised by 2025-09-01.

2025-07-10 - delayed

NC-1 revenue start. Promised by 2026-05-01.

2025-07-22 - delayed

Duke Energy - 24 MW 24.0 MW. Promised by 2025-09-01.

2025-07-22 - delayed

NC-1 revenue start. Promised by 2026-05-01.

2025-07-22 - stated

NC-1 initial capacity 24.0 MW.

2025-07-22 - delayed

Duke Energy - 40 MW 40.0 MW. Promised by 2026-04-01.

2025-07-22 - stated

NC-1 phased expansion 40.0 MW.

2025-07-22 - stated

Duke Energy - 99 MW 99.0 MW. Promised by 2029-05-16.

2025-07-28 - delayed

NC-1 initial capacity completion 24.0 MW. Promised by 2026-03-31.

2025-07-28 - delayed

NC-1 revenue generation start date. Promised by 2026-05-31.

2025-07-28 - delayed

Duke Energy capacity agreement - Phase 1 24.0 MW. Promised by 2025-09-01.

2025-07-28 - delayed

NC-1 24 MW energization in Q1 2026 24.0 MW. Promised by 2026-03-31.

2025-07-28 - stated

Duke Energy capacity agreement - Phase 3 99.0 MW. Promised by 2029-05-16.

2025-07-28 - delayed

NC-1 40 MW cumulative capacity by Q2 2026 40.0 MW. Promised by 2026-06-30.

2025-07-28 - delayed

Duke Energy capacity agreement - Phase 2 40.0 MW. Promised by 2026-04-01.

2025-07-31 - stated

Duke Energy capacity commitment - 99 MW milestone 99.0 MW. Promised by 2029-05-16.

2025-07-31 - delayed

Duke Energy capacity commitment - 24 MW milestone 24.0 MW. Promised by 2025-09-01.

2025-07-31 - delayed

NC-1 initial capacity operational date 24.0 MW. Promised by 2026-03-31.

2025-07-31 - delayed

Duke Energy capacity commitment - 40 MW milestone 40.0 MW. Promised by 2026-04-01.

2025-08-07 - delayed

NC-1 initial capacity completion 24.0 MW. Promised by 2026-03-31.

2025-08-07 - stated

NC-1 potential maximum capacity 200.0 MW.

2025-08-07 - stated

Duke Energy capacity agreement for NC-1 99.0 MW. Promised by 2029-05-16.

2025-08-07 - delayed

NC-1 revenue generation start. Promised by 2026-05-31.

2025-12-17 - stated

NC-1 Facility IT load capacity in two phases 40.0 MW.

2025-12-17 - delayed

Billing commencement for first 20 MW phase 20.0 MW. Promised by 2026-04-30.

2025-12-17 - delayed

Billing commencement for second 20 MW phase 20.0 MW. Promised by 2026-05-30.

2025-12-17 - stated

NC-1 Facility power density and cooling specifications 150.0 kW.

2025-12-17 - stated

Contracted revenue from Nscale Services agreement 865000000.0 USD.

2025-12-17 - stated

Master services agreement with Nscale Services.

2026-03-25 - delayed

Duke Energy 40 MW service target for NC-1 40.0 MW. Promised by 2026-04-01.

2026-03-25 - stated

Duke Energy 99 MW service target for NC-1 99.0 MW. Promised by 2029-05-16.

2026-03-25 - stated

Nscale Services Agreement at NC-1 865.0 USD.

2026-03-25 - delayed

Nscale 40 MW billing commencement. Promised by 2026-06-01.

2026-03-25 - stated

NC-1 facility acquisition in Madison, North Carolina 45.0 USD.

2026-03-25 - stated

NC-1 contingent purchase price increases based on Duke Energy capacity 8.0 USD. Promised by 2027-05-20.

2026-03-25 - delayed

Nscale colocation services contract for NC-1 865.0 USD. Promised by 2026-06-01.

2026-03-25 - stated

Duke Energy NC-1 capacity commitment 99.0 MW. Promised by 2029-05-16.

2026-03-25 - stated

NC-1 conditional purchase price increment for power capacity 8000000.0 USD. Promised by 2028-05-20.

2026-03-25 - stated

NC-1 conditional purchase price increase (2-year Duke Energy milestone) 8.0 USD. Promised by 2027-05-20.

2026-03-25 - delayed

Duke Energy 24 MW service target for NC-1 24.0 MW. Promised by 2025-09-01.

2026-03-25 - stated

Duke Energy Capacity Agreement for NC-1 99.0 MW. Promised by 2029-05-16.

2026-03-25 - delayed

Nscale colocation contract 865000000.0 USD. Promised by 2026-06-30.

2026-03-25 - stated

NC-1 conditional purchase price increase (2-3 year Duke Energy milestone) 5.0 USD. Promised by 2028-05-20.

2026-03-25 - stated

NC-1 conditional purchase price increase (per-MW over 99 MW threshold) 5.0 USD. Promised by 2029-05-20.

2026-05-26 - stated

NC-1 Phase I Data Center Capacity 40.0 MW.

2026-05-26 - stated

Bridge Facility Availability Period.

2026-05-26 - stated

Bridge Facility Principal Amount 100.0 USD.

2026-05-26 - stated

B. Riley Securities Loan Assignment 20.0 USD.

2026-05-26 - stated

Original Issue Discount 3.0 percent.

2026-05-26 - stated

Term Loan Interest Rate Structure.

2026-05-26 - stated

NC-1 Phase I Minimum Leasing Target 80.0 percent.

2026-08-12 - stated

NC-1 site active deployment 40.0 MW.

2026-08-13 - not yet verifiable

NC-1 40 MW run-rate billing 40.0 MW. Promised by 2026-08-31.

2026-08-13 - stated

NC-1 secured financing progress.

2026-08-13 - stated

Campus expansion toward 300 MW capacity 200.0 MW.

2026-08-13 - stated

Duke Energy NC-1 capacity expansion 45.0 MW.

2026-08-13 - stated

NC-1 10-year customer contract 865.0 USD.

2026-08-13 - stated

NC-1 facility enters customer deployment phase.

2026-08-14 - not yet verifiable

NC-1 facility full billing target. Promised by 2026-08-31.

2026-08-14 - not yet verifiable

NC1 full run-rate billing 40.0 MW. Promised by 2026-08-31.

2026-08-14 - stated

NC1 10-year contract 865.0 USD.

2026-08-14 - not yet verifiable

NC1 contracted load billing by end of August 2026 40.0 MW. Promised by 2026-08-31.

2026-08-14 - stated

NC1 permanent financing.

2026-08-21 - stated

Entered exclusivity with lenders consortium for NC-1 financing.

2026-08-21 - stated

NC-1 potential to scale to 300 gross megawatts 300.0 MW.

2026-08-21 - stated

NC-1 entered active customer deployment.

2026-08-21 - not yet verifiable

Full contracted run-rate billing expected by end of August. Promised by 2026-08-31.

2026-08-21 - stated

NC-1 has 40 megawatts of contracted IT load 40.0 MW.