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Market Incident

Public · Developing

AI compiled from Infoway · 4 analyzed stories

WhiteFiber Completes $60 Million North Carolina Property Acquisition for Data Center Development

WhiteFiber, through subsidiary Enovum Data Centers, completed a $60 million purchase of industrial buildings and surrounding land in Yadkin County, North Carolina, from Unifi Manufacturing. The sites are expected to provide at least 60 megawatts of power, with capacity potentially reaching 198 megawatts subject to confirmation. Unifi kept occupancy rights over part of the property.

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What happened

WhiteFiber, through its subsidiary Enovum Data Centers, paid $60 million for two industrial properties in Yadkin County, North Carolina. The sites are planned for data center campuses and are expected to have at least 60 megawatts of power, though that figure is not confirmed. WhiteFiber also reported a delay at its NC-1 facility.

Global impact / market context

The purchase gives WhiteFiber land and buildings to develop, but the available information does not confirm the sites’ final power capacity or when they can be used. At NC-1, switchgear problems have delayed full billing for the contracted deployment, which may affect how quickly that project generates revenue.

What to watch

  1. Check whether the new sites’ power capacity is confirmed, since the stated capacity may reach 198 megawatts but is not confirmed.
  2. Check whether WhiteFiber reports progress retrofitting NC-2 and NC-3, since the properties still need to be prepared as data center campuses.
  3. Check whether NC-1 reaches full contracted billing after the switchgear issues, since about 35 megawatts of a contracted 40 megawatts is currently operational.

Affected assets

  • WhiteFiber, Inc.

Evidence