{"version":1,"type":"story","url":"https://digestai.news/story/whitefiber-buys-two-north-carolina-sites-for-60-million","json":"https://digestai.news/story/whitefiber-buys-two-north-carolina-sites-for-60-million.json","markdown":"https://digestai.news/story/whitefiber-buys-two-north-carolina-sites-for-60-million.md","slug":"whitefiber-buys-two-north-carolina-sites-for-60-million","headline":"WhiteFiber buys two North Carolina sites for $60 million","summary":"WhiteFiber announced on November 3, 2026, that its subsidiary Enovum Data Centers Corp. completed a $60 million cash acquisition of two industrial properties in Yadkin County, North Carolina. The company plans to retrofit these sites, which cover approximately 120 acres and include 500,000 square feet of warehouse space, into the NC-2 and NC-3 data center campuses. Located about 55 miles from its existing NC-1 campus in Madison, the new sites are expected to provide a minimum of 60 MW of initial gross utility capacity, with potential to reach approximately 200 MW within seven years, subject to power availability.\n\nProspective customers have submitted non-binding letters of intent for capacity at the new sites and expansions at NC-1, including proposals from investment-grade counterparties. The seller will continue occupying parts of the properties under leaseback arrangements to offset carrying costs. WhiteFiber now targets late 2027 for initial ready-for-service capacity, a delay from the previously anticipated third quarter of 2027.\n\nMeanwhile, commissioning issues with switchgear at the NC-1 campus have delayed full service for its initial 20 MW IT data hall. Approximately 35 MW of the contracted 40 MW IT deployment is currently operational, with work continuing on the remaining 5 MW. Financing for the NC-1 deployment remains under discussion with a prospective lending group, and completion is not assured. CEO Sam Tabar stated the priority is converting customer demand into long-term contracts with appropriate financing commitments.","keyPoints":["WhiteFiber acquired two North Carolina properties for $60 million to build NC-2 and NC-3 data centers.","The new sites may support up to 200 MW of capacity within seven years, subject to power availability.","NC-1 campus has 35 MW operational, with financing for its deployment still under discussion."],"whyItMatters":"This expansion increases AI infrastructure capacity in North Carolina, addressing growing demand for data center space. However, delays in commissioning and financing at the existing NC-1 site highlight execution risks in scaling AI hardware.","category":{"slug":"hardware","name":"Hardware & Compute","url":"https://digestai.news/category/hardware"},"entities":{"companies":["WhiteFiber","Enovum Data Centers Corp."],"models":[],"people":["Sam Tabar"]},"firstPublishedAt":"2026-11-03T21:49:02Z","updatedAt":"2026-11-03T21:49:02Z","sourceCount":1,"hasPrimarySource":false,"sources":[{"outlet":"Unite.AI","title":"WhiteFiber Buys Two North Carolina Sites for Data Center Retrofits","url":"https://unite.ai/whitefiber-buys-two-north-carolina-sites-for-data-center-retrofits","publishedAt":"2026-11-03T21:49:02Z","type":"press","primary":false,"lead":true}],"sourceNotes":null,"discussions":[],"thread":null,"cite":{"text":"Digest AI, \"WhiteFiber buys two North Carolina sites for $60 million\", 3 November 2026, https://digestai.news/story/whitefiber-buys-two-north-carolina-sites-for-60-million","publisher":"Digest AI","title":"WhiteFiber buys two North Carolina sites for $60 million","datePublished":"2026-11-03T21:49:02Z","url":"https://digestai.news/story/whitefiber-buys-two-north-carolina-sites-for-60-million"},"generatedBy":"Written by Digest AI's editorial model from the linked sources; the sources are the record.","license":"Headlines, digests and key points are written by Digest AI and may be quoted with a link to the story page. Linked articles belong to their publishers. Terms: https://digestai.news/terms#reuse"}