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

What happened

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.

Confirmed

Global impact / market context

The purchase gives WhiteFiber property and expected access to substantial power for planned data center development. If the higher capacity is confirmed and the sites are developed, they could support more computing space and future revenue; construction and operating costs, however, remain unknown.

Analyst inference

The reported minimum power capacity is 60 megawatts, while the possible 198-megawatt level is not confirmed. That gap matters because usable power can constrain how much computing equipment a data center can run, but the article gives no build schedule, financing plan, or customer commitments.

Analyst inference

What to watch

1. Confirmation of the properties’ potential capacity of up to 198 megawatts would clarify how much additional data center equipment the sites might support. Confirmed
2. Any disclosed construction schedule and capital spending would show when WhiteFiber may incur development costs and when the properties could begin generating revenue. Analyst inference
3. Details on Unifi’s retained occupancy rights could clarify which parts of the property are available for development and whether access affects project timing. Confirmed

Evidence

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