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WhiteFiber Acquires Two North Carolina Data Center Sites

Summarized from All Financial Services & Investing

WhiteFiber completes purchase of two NC development sites via Enovum Data Centers and provides update on its NC-1 facility project.

WhiteFiber Acquires Two North Carolina Data Center Sites

WhiteFiber, Inc. (Nasdaq: WYFI), a New York-based provider of artificial intelligence infrastructure solutions, announced Monday that it has finalized the acquisition of two data center development sites in North Carolina, expanding the company's footprint in one of the Southeast's fastest-growing technology corridors.

The transactions were executed through Enovum Data Centers Corp., a wholly owned subsidiary of WhiteFiber. The company did not disclose the financial terms of either site acquisition in its initial announcement, though both deals had been previously disclosed to investors.

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Alongside the closing announcement, WhiteFiber provided investors with an operational update on its NC-1 data center project, signaling continued progress on its broader buildout of AI-focused infrastructure capacity in the state. North Carolina has emerged as a competitive destination for hyperscale and AI-oriented data center investment, driven by available land, power access, and favorable regulatory conditions.

WhiteFiber's expansion reflects wider industry momentum around AI infrastructure, as demand for specialized compute capacity continues to outpace existing supply across major U.S. markets. The company's dual-site strategy in North Carolina positions it to serve enterprise and cloud customers requiring scalable, purpose-built facilities.

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Frequently Asked Questions

Q.What company did WhiteFiber use to acquire the North Carolina data center sites?

WhiteFiber completed the acquisitions through its wholly owned subsidiary, Enovum Data Centers Corp.

Q.What is WhiteFiber's NC-1 project?

NC-1 is a data center development project in North Carolina on which WhiteFiber provided an operational update alongside the site acquisition announcement. Specific details of the update were not disclosed in the initial release.

Q.What does WhiteFiber do as a company?

WhiteFiber, Inc., traded on Nasdaq under the ticker WYFI, describes itself as a provider of artificial intelligence infrastructure solutions and is headquartered in New York.

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