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Core Scientific pays $444 million for 440MW Oklahoma power position

Core Scientific has completed its approximately $444.3 million cash acquisition of Polaris DS, giving the data center operator control of about 440 megawatts of gross, grid-connected power capacity in Muskogee, Oklahoma. The deal centers on electricity access rather than the purchase of a finished 440MW artificial intelligence facility. The transaction closed on August 13, 2026, and was announced the following day in a filing with the US Securit…
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Market Business News broke the news on Sunday, August 16, 2026.
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