WhiteFiber closes $60 million purchase of two North Carolina data center sites
WhiteFiber completed its $60.0 million cash acquisition of two industrial properties in Yadkin County, North Carolina, from a unit of Unifi, Inc. on October 28, 2026, with plans to develop them into data center campuses. The sites are expected to provide a combined minimum of 60 megawatts, with potential for up to 198 megawatts. The same release said NC-1 billing ramp slipped past the previously anticipated August timeframe and its initial financing is not yet complete, which offsets some of the acquisition news for shareholders.
Key points
- Acquisition closed October 28, 2026; $60.0 million purchase price paid in cash, including a $2.25 million earnest money deposit applied at closing.
- Combined minimum of 60 MW across the two properties, with potential for up to 198 MW within seven years, subject to confirmation.
- Initial ready-for-service capacity at NC-2 and NC-3 is targeted for late 2027, subject to development conditions.
- NC-1: about 35 of the contracted 40 MW IT deployment is operational; financing for the initial deployment is not yet closed and there is no assurance it will be completed.
The filing
Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 03, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.