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Core Scientific gets conditional Texas power ok

Core Scientific, Inc. (CORZ) reports updated electrical power status for its existing and planned data centers in Texas under ERCOT’s large-load review framework.

(Moderate)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Core Scientific, Inc. (CORZ) reports updated electrical power status for its existing and planned data centers in Texas under ERCOT’s large-load review framework. At Denton, 297 Megawatts of existing power has been conditionally approved as “Base Load, Pathway (a)” and is classified as longstanding existing load not subject to the Batch Zero allocation process. An additional 74 Megawatts at Denton was previously incorporated in ERCOT’s 2025 Regional Transmission Plan study cases and is also outside the Batch Zero process.

At Pecos, 300 Megawatts of existing power and an additional 300 Megawatts of “Studied Load” have been conditionally approved in Batch Zero as “Base Load, Pathway (b).” All required documentation and financial collateral for Pecos have been submitted and posted, though final allocation and load ramp will follow completion of Batch Zero. At Hunt, 431 Megawatts of planned power has been conditionally approved in Batch Zero as “Base Load, Advancing Large Load, Pathway (e),” with interconnection studies completed, ERCOT stability approval received, financial collateral posted, long-lead equipment ordered, and construction commenced.

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Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Denton existing power 297 Megawatts Conditionally approved by ERCOT as Base Load, Pathway (a)
Denton additional power 74 Megawatts Previously incorporated and validated in ERCOT’s 2025 RTP study cases
Pecos existing power 300 Megawatts Conditionally approved in Batch Zero as Base Load, Pathway (b)
Pecos additional studied load 300 Megawatts Conditionally approved in Batch Zero as Studied Load
Hunt planned power 431 Megawatts Conditionally approved in Batch Zero as Base Load, Advancing Large Load, Pathway (e)
Electric Reliability Council of Texas (ERCOT) regulatory
"approved by the Electric Reliability Council of Texas (“ERCOT”)"
The Electric Reliability Council of Texas (ERCOT) is the grid operator that manages most of Texas’s electricity supply and demand, coordinating power plants, transmission lines, and real-time electricity flows like an air-traffic controller for the state’s power system. Investors care because ERCOT’s decisions on grid reliability, outage management, and market pricing directly affect utility revenues, energy company earnings, and the cost and availability of power—similar to how a central dispatcher influences delivery speed and cost in a logistics network.
Batch Zero regulatory
"has been conditionally approved in Batch Zero as “Base Load"
Base Load, Pathway (a) regulatory
"conditionally approved by ERCOT as “Base Load, Pathway (a)”"
Base Load, Pathway (b) regulatory
"approved in Batch Zero as “Base Load, Pathway (b)”"
Base Load, Advancing Large Load, Pathway (e) regulatory
"approved in Batch Zero as “Base Load, Advancing Large Load, Pathway (e)”"
2025 Regional Transmission Plan (RTP) technical
"validated by ERCOT’s 2025 Regional Transmission Plan (RTP) study"

FAQ

What did CORZ disclose about its Denton, Texas data center power status?

Core Scientific reported that Denton’s 297 Megawatts of existing power is conditionally approved by ERCOT as “Base Load, Pathway (a)” and not subject to Batch Zero, and an additional 74 Megawatts was validated in ERCOT’s 2025 Regional Transmission Plan study cases.

How much power has ERCOT conditionally approved for CORZ’s Pecos, Texas site?

For Pecos, ERCOT has conditionally approved 300 Megawatts of existing power as “Base Load, Pathway (b)” and an additional 300 Megawatts as “Studied Load” in Batch Zero. Core Scientific has submitted all required documentation and posted the required financial collateral.

What is the status of Core Scientific’s Hunt, Texas data center project?

The Hunt site’s planned 431 Megawatts of electrical power is conditionally approved in Batch Zero as “Base Load, Advancing Large Load, Pathway (e).” Interconnection studies are complete, ERCOT has approved a 431 Megawatt stability study, collateral is posted, equipment ordered, and construction has commenced.

What is ERCOT’s Batch Zero process mentioned in the CORZ 8-K?

The filing describes Batch Zero as the ERCOT process under which certain large loads are conditionally approved, including Pecos and Hunt. Core Scientific states that final allocation and load ramp for Pecos will occur after the conclusion of the Batch Zero process.

Does the CORZ 8-K indicate that the Texas power allocations are final?

No. The company states that power at Denton and certain loads are validated outside Batch Zero, but for sites like Pecos and Hunt the approvals are conditional, and for Pecos it notes final allocation and load ramp will occur after the Batch Zero process concludes.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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0001839341FALSECore Scientific, Inc./tx838 Walker RoadSuite 21-2105DoverDelaware00018393412026-09-102026-09-100001839341us-gaap:CommonStockMember2026-09-102026-09-100001839341core:WarrantExercisePriceOf6.81PerShareMember2026-09-102026-09-100001839341core:WarrantExercisePriceOf0.01PerShareMember2026-09-102026-09-10

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 10, 2026
Core Scientific, Inc.
(Exact name of registrant as specified in its charter)
Delaware001-4004686-1243837
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
838 Walker Road, Suite 21-2105
Dover, Delaware
19904
(Address of principal executive offices)(Zip Code)
Registrant’s telephone number, including area code: (512) 402-5233

(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered
Common stock, par value $0.00001 per share
CORZ
The Nasdaq Global Select Market
Warrants, each whole warrant exercisable for one share of common stock at an exercise price of $6.81 per share         
CORZW
The Nasdaq Global Select Market
Warrants, each whole warrant exercisable for one share of common stock at an exercise price of $0.01 per share
CORZZ
The Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.



Item 7.01    Regulation FD Disclosure.
Core Scientific, Inc. (the “Company”) is providing the following update with respect to electrical power status of each of its existing and proposed data centers located in Texas.
Denton, Texas: The site’s existing 297 Megawatts of electrical power has been conditionally approved by the Electric Reliability Council of Texas (“ERCOT”) as “Base Load, Pathway (a)” (“longstanding existing load”) based on its status as load energized prior to March 25, 2022 and is not subject to Batch Zero allocation process. The Site’s additional 74 Megawatts of electrical power to be energized was previously incorporated in and validated by ERCOT’s 2025 Regional Transmission Plan (RTP) study cases and is not subject to the Batch Zero process.
Pecos, Texas: The existing 300 Megawatts of electrical power has been conditionally approved in Batch Zero as “Base Load, Pathway (b)” (“existing load energized after March 25, 2022 and before July 10, 2026”). An additional 300 Megawatts has been conditionally approved in Batch Zero as “Studied Load.” All required documentation has been submitted and required posted collateral has been paid. We will not receive the final allocation and load ramp until the conclusion of the Batch Zero process.
Hunt, Texas: The site's planned 431 Megawatts of electrical power has been conditionally approved in Batch Zero as “Base Load, Advancing Large Load, Pathway (e)” (“demonstrated maturity and advancement through the interconnection process”). The Company and its utility partner have completed the required interconnection studies, received ERCOT approval of its 431 Megawatt stability study, posted the required financial collateral, has ordered long-lead equipment, commenced construction, and otherwise satisfied the applicable Pathway (e) documentation requirements.
The information in this Item 7.01 of this Current Report on Form 8-K is furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or subject to the liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended. The information shall not be deemed incorporated by reference into any other filing with the Securities and Exchange Commission made by the Company, whether made before or after today’s date, regardless of any general incorporation language in such filing, except as shall be expressly set forth by specific references in such filing.



SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
Core Scientific, Inc.
Dated: September 10, 2026
By:/s/ Todd M. DuChene
Name:Todd M. DuChene
Title:Chief Legal Officer and Chief Administrative Officer


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