Core Scientific Targets 1.5 GW Expansion in Oklahoma with Polaris DS Acquisition
Event summary
- Core Scientific plans to expand its Muskogee, Oklahoma campus to 1.5 GW of gross power, with 1.0 GW leasable.
- The company is acquiring Polaris DS LLC, which has contracted 440 MW of gross power, for an undisclosed sum.
- Construction has begun on a second 82.5 MW building, expected to deliver in Q4 2027.
- Core Scientific has secured 250 acres of land to support the expansion.
- The current 70 MW building, designed for Nvidia's GB300 platform, is on track for Q2 2026 delivery.
The big picture
Core Scientific's expansion in Muskogee underscores the growing demand for high-density colocation services to support AI workloads. The acquisition of Polaris DS and the planned construction of additional facilities demonstrate Core Scientific's strategy to scale its digital infrastructure business. The company's ability to secure land and power agreements highlights its position as a key player in the AI infrastructure space. The pace of this expansion will be critical to watch, as it could set a precedent for similar projects in other regions.
What we're watching
- Execution Risk
- Whether Core Scientific can deliver the 1.5 GW expansion on time and within budget, given the scale of the project.
- Market Demand
- How quickly Core Scientific can secure tenants for the additional capacity, particularly for AI workloads.
- Regulatory Dynamics
- The impact of Oklahoma's behind-the-meter legislation on Core Scientific's expansion plans and operational costs.
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