business

WhiteFiber Acquires Two North Carolina Data Center Sites

Summarized from All Financial Services & Investing

WhiteFiber completes purchase of two NC development sites via Enovum subsidiary and provides update on its NC-1 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 the completion of its acquisition of two data center development sites in North Carolina, adding to the company's expanding footprint in a state that has become a growing hub for large-scale computing infrastructure.

The transactions were executed through Enovum Data Centers Corp., a wholly owned subsidiary of WhiteFiber. The company did not disclose the financial terms of the acquisitions in its initial announcement, but confirmed both deals have closed as of the Nov. 3, 2026 disclosure.

Read more Golden 1 Credit Union Lands Spot on TIME's Best Companies List →

Alongside the acquisition news, WhiteFiber provided a progress update on its NC-1 facility, the company's flagship North Carolina data center project. Details on NC-1's development timeline or operational capacity were limited in the initial release, though the dual-site acquisition signals an accelerating buildout strategy in the region.

The move reflects broader industry momentum around AI-driven data center demand, as hyperscalers and infrastructure providers race to secure development-ready land in power-accessible markets across the Southeast United States. North Carolina has attracted significant capital investment in recent years due to its relatively favorable energy costs, existing fiber connectivity, and available real estate for large campus-style deployments.

WhiteFiber's expansion through Enovum positions the company to pursue additional capacity as enterprise and cloud customers increase demand for dedicated AI compute infrastructure. Continue reading at All Financial Services & Investing.

Frequently Asked Questions

Q.What subsidiary 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 WhiteFiber's flagship North Carolina data center project, on which the company provided a progress update alongside its acquisition announcement.

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.

More in business →