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Core Scientific Completes Polaris DS Acquisition, Targets 1.5 GW Muskogee Expansion

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Core Scientific completed its acquisition of Polaris DS LLC for about $444 million in cash, securing roughly 440 MW of gross, grid-connected power capacity currently in service under existing electric service agreements. The deal supports Core Scientific’s plan to scale its Muskogee campus to about 1.5 GW gross (about 1.0 GW leasable) using grid-connected and behind-the-meter solutions, while repurposing remaining mining facilities for high-density colocation.

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