White Fiber shares jumped 16.5% after earnings, reflecting investor optimism around the initial revenue start and full deployment progress at NC1, as well as positive developments in the company’s development pipeline and customer engagement.
- NC1 has transitioned into active customer deployment with initial billing commenced for approximately 20 megawatts; full 40-megawatt contracted load expected to reach full run rate billing by end of August.
- Previous equipment delivery and commissioning delays were resolved, and phased turnover is progressing steadily in close coordination with customers and vendors.
- The company is advancing plans to expand NC1 capacity beyond 40 megawatts, with Duke Energy expected to confirm delivery schedules for an additional 45 megawatts and discussions ongoing for a potential further 200-megawatt expansion.
- Decision made to move forward with approximately 5 megawatts of capacity development at the NTL2 Canadian site, supported by ongoing customer discussions and evaluation of deployment approaches.
- Other Canadian assets like MTL1 and MTL3 remain stable with ongoing customer renewals and expansion efforts underway; demand for power-ready AI infrastructure remains strong, especially for 2027 deployments.
Community Discussion