100% renewable energy at BC sites
Company: IREN
The claim, verbatim
BC sites powered 100% by renewable energy since commencement; approximately 97% clean/renewable sources via BC Hydro, 3% via REC purchases
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 and have been 100% powered by renewable energy since commencement of operations (currently approximately 97% sourced from clean or renewable sources as reported by BC Hydro and approximately 3% accounted for by the purchase of RECs)”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
The document states all three figures: 100% renewable since commencement, approximately 97% clean/renewable and approximately 3% via RECs.
Confirmed in the source:
- Iris Energy's BC sites have been 100% powered by renewable energy since commencement of operations
- Approximately 97% is sourced from clean or renewable sources as reported by BC Hydro
- Approximately 3% is accounted for by the purchase of RECs
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 and have been 100% powered by renewable energy since commencement of operations (currently approximately 97% sourced from clean or renewable sources as reported by BC Hydro and approximately 3% accounted for by the purchase of RECs)”