M&A
confidence high
sentiment positive
materiality 0.75
Core Scientific completes $444M acquisition of Polaris DS, adds 440 MW power
Core Scientific, Inc./tx
- Aggregate purchase price ~$444.3M cash; potential +$40M if 40MW capacity available by Dec 31, 2026.
- Secures ~440 MW of grid-connected power under agreements with Oklahoma Gas & Electric.
- Plans to scale Muskogee campus to 1.5 GW gross / 1.0 GW leasable power.
- Next ~82 MW at Muskogee to be delivered to customer in H2 2027.
- CEO cites >600 MW of leasable power added via site acquisitions this year.