Duke Energy

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WhiteFiber discloses $865M Nscale contract in SEC filing

Power provider for NC-1

WhiteFiber raised $310 million in convertible notes in August 2026, using $118.5 million to retire earlier debt and the rest for GPU servers and working capital. The money supports a 10-year, 40 megawatt (MW) contract with Nscale at its NC-1 campus in Madison, North Carolina, worth about $865 million.

Updated 4 days ago

Charlotte extends data center moratorium to October 2027

Rule Changes

External partner in data center standards discussion

Charlotte City Council voted unanimously on Oct. 26 to extend its freeze on new data centers to Oct. 18, 2027, nearly a year past the current Nov. 5 expiry. The pause stops the city from accepting or approving applications for new data centers.

Updated Oct 30