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WhiteFiber Completes $60 Million Acquisition of Two Industrial Properties in North Carolina

1 reports1 story updatesUpdated Nov 4 05:49

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WhiteFiber, through its wholly owned subsidiary Enovum Data Centers, completed the acquisition for $60 million in cash of two industrial properties in Yadkin County, North Carolina, totaling approximately 120 acres and 500,000 square feet of warehouse space, which are planned to be converted into the NC-2 and NC-3 data center campuses. The two sites will initially provide at least 60 megawatts of total utility capacity combined, with the potential to expand to approximately 200 megawatts within seven years of closing, though larger capacity remains subject to confirmation of power availability. WhiteFiber also pushed back its initial ready-for-service target from the third quarter of 2027 to the end of 2027; of the 40 megawatts of IT deployment at its NC-1, approximately 35 megawatts is already in service.

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WhiteFiber spends $60 million to acquire two sites in North Carolina, to be converted into NC-2 and NC-3 data centers

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  1. WhiteFiber completes $60 million acquisition of two industrial properties in North Carolina

    Source:Unite.AI

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Nov 4

  1. Unite.AI

    WhiteFiber spends $60 million to acquire two sites in North Carolina, to be converted into NC-2 and NC-3 data centers

    WhiteFiber, through its wholly owned subsidiary Enovum Data Centers, acquired two industrial properties in Yadkin County, North Carolina, for $60 million in cash—approximately 120 acres and 500,000 square feet of warehouse space—which will be converted into the NC-2 and NC-3 data center campuses. The two sites will initially provide a combined total of at least 60 MW of total utility capacity, with the potential to expand to approximately 200 MW within seven years of closing, though larger capacity remains contingent on confirmation of power availability. WhiteFiber has pushed back its initial ready-for-service target from the third quarter of 2027 to the end of 2027; of the 40 MW IT deployment at NC-1, approximately 35 MW is already operational.

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