WhiteFiber Secures $865 Million, 10-Year Colocation Deal With Nscale

WhiteFiber’s Enovum Data Centers inked a decade-long 40 MW agreement at its NC-1 campus in North Carolina, reinforcing its hyperscale-ready AI infrastructure strategy.

Summary

WhiteFiber announced via official release that its Enovum Data Centers unit signed a 10-year colocation agreement with Nscale Global Holdings worth about $865 million. The deal spans 40 megawatts at the NC-1 campus in Madison, North Carolina, to be rolled out in two 20 MW phases. Valuation factors include annual rate escalators and installation services, excluding electricity and pass-through costs. The NC-1 facility, supported by a 99 MW capacity from Duke Energy, is built to Tier 3-equivalent ultra-high-density specifications. The partnership underscores WhiteFiber’s drive to meet hyperscaler needs and expand AI workload capabilities.

Terms & Concepts
  • Colocation: A data center service where clients lease space, power, and cooling to house their own computing equipment.
  • Tier 3-equivalent: A data center classification ensuring high availability, allowing maintenance without shutdown and offering redundant power and cooling systems.
  • Power Usage Effectiveness (PUE): A metric measuring data center energy efficiency, calculated as total facility energy divided by IT equipment energy.