Core Scientific plans to expand Pecos campus to 1.5 gigawatts

Core Scientific Inc. (NASDAQ: CORZ) announced plans to scale its Pecos, Texas campus to approximately 1.5 gigawatts of gross power capacity, representing about 1.0 gigawatt of leasable power.

The company is transforming its Pecos facility, which currently uses 300 megawatts of gross power capacity for bitcoin mining, into a data center campus for artificial intelligence infrastructure. Construction of the first data hall has reached a milestone with interior foundational footings set and precast concrete walls arriving on site. Initial capacity is expected in early 2027.

Core Scientific has secured an additional 300 megawatts of gross power capacity under contract with its utility provider. The company has developed a scalable behind-the-meter solution that is expected to provide additional capacity beyond its previously announced leasable power pipeline. The expansion is supported by more than 200 acres of secured land.

"We continue to leverage our deep in-house expertise to differentiate how we build and scale next generation artificial intelligence infrastructure, further illustrated by our behind-the-meter solution at our Pecos campus," said Adam Sullivan, chief executive officer of Core Scientific.

Core Scientific operates data centers for high-density colocation services and provides digital infrastructure solutions. The company has facilities in Alabama, Georgia, Kentucky, North Carolina, North Dakota, Oklahoma and Texas. The company is repurposing its remaining non-high-density colocation facilities to support its data center services business.

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