WhiteFiber (WYFI) signs 10-year, 40-MW colocation deal With Nscale valued at about $865 million
WhiteFiber's Enovum unit secured an $865 million, 10-year colocation deal with Nscale for 40 MW of IT load in North Carolina.Summary
WhiteFiber, a Nasdaq-listed data center provider focused on AI, announced through its Enovum Data Centers subsidiary that it signed a 10-year colocation agreement with Nscale Global Holdings, an AI infrastructure provider. The deal covers 40 megawatts (MW) of critical IT load at WhiteFiber’s NC-1 data center campus in Madison, North Carolina, to be deployed in two 20-MW phases. This agreement is valued at approximately $865 million in contracted revenue over the initial term, excluding electricity and certain pass-through costs. The NC-1 facility is described as Tier 3-equivalent, ultra-high-density, and engineered for advanced AI workloads. WhiteFiber CEO Sam Tabar noted the deal validates their strategy and mentioned plans for potential expansion of the deployment by the end of 2027.
(Source：CoinDesk)