📢 𝗝𝗨𝗦𝗧 𝗜𝗡: $WYFI WhiteFiber to Acquire Two North Carolina Sites, Targeting Up to 200 MW of Data Center Capacity
👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:
➤ 𝗪𝗵𝗶𝘁𝗲𝗙𝗶𝗯𝗲𝗿 agrees to acquire two industrial properties in North Carolina.
➤ 𝗡𝗖-𝟮 and 𝗡𝗖-𝟯 will become new data center campuses.
➤ Sites are expected to provide at least 𝟲𝟬 𝗠𝗪 initially.
➤ Combined capacity could expand to approximately 𝟮𝟬𝟬 𝗠𝗪 over time.
➤ Initial ready-for-service capacity is targeted for 𝗤𝟯 𝟮𝟬𝟮𝟳.
➤ WhiteFiber is in advanced discussions with prospective data center customers.
➤ Company received non-binding LOIs with 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁-𝗴𝗿𝗮𝗱𝗲 credit support.
➤ Cash purchase price for the properties totals $𝟲𝟬 𝗺𝗶𝗹𝗹𝗶𝗼𝗻.
➤ Transaction is expected to close in 𝗤𝟰 𝟮𝟬𝟮𝟲.
👉 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀:
➤ Potential 𝟮𝟬𝟬 𝗠𝗪 capacity significantly expands WhiteFiber's AI infrastructure footprint.
➤ Retrofit-first development could accelerate deployment and improve 𝗰𝗮𝗽𝗶𝘁𝗮𝗹 𝗲𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝗰𝘆.
➤ Prospective customer interest signals potential demand for upcoming 𝗔𝗜 𝗰𝗼𝗺𝗽𝘂𝘁𝗲 capacity.
➤ Nearby NC-1 operations could provide regional development and operating synergies.
👉 𝗘𝘅𝗽𝗲𝗿𝘁 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁:
𝗦𝗮𝗺 𝗧𝗮𝗯𝗮𝗿, Chief Executive Officer of WhiteFiber:
"This agreement is an important next step in scaling WhiteFiber's data center platform. NC-2 and NC-3 would expand our North Carolina footprint near NC-1, allowing us to build on the capabilities and relationships we have established in the region. With strong prospective customer interest and initial capacity targeted for 2027, we believe these properties can become a meaningful next phase of our growth. We look forward to working closely with local stakeholders and being a responsible long-term partner to the community."