BC Hydro electricity transmission connection
Company: IREN
The claim, verbatim
British Columbia sites connected to BC Hydro electricity transmission network under one-year renewable contracts with six months termination notice required
Source (primary)
IREN 424B3 filed 2023-09-26 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Each of our sites in British Columbia are connected to the British Columbia Hydro and Power Authority ("BC Hydro") electricity transmission network... Our contracts with BC Hydro have an initial term of one year and, unless terminated at the end of the initial term, shall extend until terminated in accordance with the terms of the agreement upon six months notice”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
The document establishes the BC Hydro network connection, the one-year initial term, and the six months termination notice.
Confirmed in the source:
- Iris Energy's British Columbia sites are connected to the BC Hydro electricity transmission network
- The BC Hydro contracts have an initial term of one year
- The contracts extend until terminated upon six months notice
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1878848/000114036123045182/ny20011264x1_424b3.htm) in full (233,579 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN 424B3 filed 2023-09-26
Quote: “Each of our sites in British Columbia are connected to the British Columbia Hydro and Power Authority ("BC Hydro") electricity transmission network... Our contracts with BC Hydro have an initial term of one year and, unless terminated at the end of the initial term, shall extend until terminated in accordance with the terms of the agreement upon six months notice”