Business Context and Reporting Period
Company: Core Scientific, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: September 10, 2026
Subject: Regulation FD Disclosure regarding the electrical power status of existing and proposed data centers in Texas.
Key Financial Metrics
This filing does not contain financial statements, revenue, profit, cash flow, margin, debt, or liquidity metrics. The report focuses exclusively on operational capacity and regulatory approvals for power infrastructure.
Material Changes and Operational Updates
The Company provided specific updates on power allocation approvals from the Electric Reliability Council of Texas (ERCOT) for three locations:
- Denton, Texas:
- Existing Load: 297 Megawatts (MW) conditionally approved as "Base Load, Pathway (a)" (longstanding existing load energized prior to March 25, 2022). Not subject to Batch Zero allocation.
- Additional Load: 74 MW to be energized was validated in ERCOT's 2025 Regional Transmission Plan (RTP). Not subject to Batch Zero.
- Pecos, Texas:
- Existing Load: 300 MW conditionally approved in Batch Zero as "Base Load, Pathway (b)" (energized between March 25, 2022, and July 10, 2026).
- Additional Load: 300 MW conditionally approved in Batch Zero as "Studied Load."
- Status: Documentation submitted and collateral paid; final allocation and load ramp pending conclusion of the Batch Zero process.
- Hunt, Texas:
- Planned Load: 431 MW conditionally approved in Batch Zero as "Base Load, Advancing Large Load, Pathway (e)."
- Progress: Interconnection studies completed, stability study approved, financial collateral posted, long-lead equipment ordered, and construction commenced.
Guidance, Outlook, and Risks
Outlook: The Company has satisfied documentation requirements for Pathway (e) at the Hunt site and has secured conditional approvals for significant capacity across all three Texas locations. Final load ramping for Pecos is contingent on the conclusion of the Batch Zero process.
Risks and Contingencies:
- Approvals are currently "conditional."
- Final allocation and load ramping for Pecos are not guaranteed until the Batch Zero process concludes.
- The information provided is not deemed "filed" under Section 18 of the Exchange Act and is not incorporated by reference into other filings unless expressly stated.
Investor Verification Checklist
- Verify the final outcome of the ERCOT Batch Zero process for the Pecos site to confirm the 600 MW total allocation.
- Confirm the timeline for the "load ramp" at the Pecos facility following the Batch Zero conclusion.
- Monitor construction progress and equipment delivery at the Hunt site to ensure the 431 MW capacity is realized as planned.
- Review subsequent filings for any changes to the conditional status of the Denton, Pecos, or Hunt power approvals.