Core Scientific Gets Denton City Council Approval of Amendments to Power Purchase Agreements, Land Leases

MT Newswires Live

2024/11/20

Core Scientific (CORZ) said Wednesday that the Denton City Council has approved amendments to the company's power purchase agreements and land leases.

The changes expand the company's leased land from about 31 acres to nearly 78 acres and boost power access from 297 to 394 megawatts, the company said, adding that the expansion is expected to result in a $6.1 billion property investment.

Shares of Core Scientific were up more than 4% in recent Wednesday trading.

Price: 17.24, Change: +0.77, Percent Change: +4.64

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