AI / HPC
WhiteFiber Acquires North Carolina Industrial Sites for $60 Million Data Center Expansion
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Key Takeaways
- WhiteFiber completed a $60 million cash acquisition of industrial properties in Yadkin County from Unifi Manufacturing, Inc.
- The sites, NC-2 and NC-3, offer a combined 120 acres and 500,000 square feet of space for data center conversion.
- Initial power capacity is set at 60 MW, with a contractual path to expand to 198 MW within seven years.
- The seller will maintain a presence at the site through a partial leaseback agreement.
- At the company's NC-1 site, 35 MW of a 40 MW deployment is operational following switchgear-related delays.
- WhiteFiber aims to bring the new Yadkin County capacity online by late 2027.
