Acquire Polaris DS LLC with 440 MW power contract
Company: Core Scientific
What the later record shows
Delivered on time · happened August 14, 2026
News reports dated 2026-08-14 say Core Scientific completed its acquisition of Polaris DS LLC, which holds about 440 MW under OG&E agreements. That is before the Q3 2026 deadline of 2026-09-30. The exact closing day is not stated, so the report date is used.
“Closed acquisition of Polaris DS for approximately $444.3 million in cash, subject to customary post-closing adjustments.”
2026-08-14 · Core Scientific completes $444M acquisition of Polaris DS, secures ~440 MW toward Muskogee 1.5 GW plan - TradingView View cached copy (2026-08-31)Live source ↗
“The transaction makes Polaris a wholly owned subsidiary and secures roughly 440 megawatts of gross, grid-connected power capacity under existing agreements with Oklahoma Gas & Electric”
2026-08-15 · Core Scientific completes Polaris acquisition to expand power - The Globe and Mail View cached copy (2026-08-31)Live source ↗
Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Entered into agreement to acquire Polaris DS LLC, which holds a 440 megawatt gross power contract with Oklahoma Gas & Electric; transaction expected to close in Q3 2026
Source (primary)
core-scientific 8-K exhibit (exhibit991polarispressre.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-08)Live source ↗
Quote: “entered into an agreement to acquire Polaris DS LLC, which has contracted 440 megawatts ("MW") of gross power under an energy agreement with Oklahoma Gas & Electric... is expected to be funded using existing liquidity and close in the third quarter of 2026”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The press release states that Core Scientific agreed to acquire Polaris DS LLC, which has a 440 MW gross power energy agreement with Oklahoma Gas & Electric, and that the deal is expected to close in Q3 2026, subject to regulatory approvals and closing conditions.
Confirmed in the source:
- Core Scientific entered into an agreement to acquire Polaris DS LLC
- Polaris DS LLC has contracted 440 MW of gross power under an energy agreement with Oklahoma Gas & Electric
- The transaction is expected to close in the third quarter of 2026
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1839341/000162828026030918/exhibit991polarispressre.htm) in full (7,367 characters, retrieved September 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms core-scientific 8-K exhibit (exhibit991polarispressre.htm)
Quote: “entered into an agreement to acquire Polaris DS LLC, which has contracted 440 megawatts ("MW") of gross power under an energy agreement with Oklahoma Gas & Electric... is expected to be funded using existing liquidity and close in the third quarter of 2026”
confirms Core Scientific completes $444M acquisition of Polaris DS, secures ~440 MW toward Muskogee 1.5 GW plan - TradingView
Quote: “Closed acquisition of Polaris DS for approximately $444.3 million in cash, subject to customary post-closing adjustments.”
confirms Core Scientific completes Polaris acquisition to expand power - The Globe and Mail
Quote: “The transaction makes Polaris a wholly owned subsidiary and secures roughly 440 megawatts of gross, grid-connected power capacity under existing agreements with Oklahoma Gas & Electric”