500 MW IT load target for 2027
Company: IREN
The claim, verbatim
IREN is targeting another 500 MW of IT load in 2027
Source (primary)
Blue Owl leads $2.4 billion Iren debt deal for Nvidia chip purchases - scanx.trade (-, news_article)
View cached copy (2026-09-18)Live source ↗
Quote: “IREN is targeting about 300 MW of IT load in 2026 and another 500 MW in 2027, taking gross platform capacity to approximately 1.2-1.25 GW.”
How we checked this
Checked on September 23, 2026. The cited source supports every part of this claim.
The source states the 2027 target directly.
Confirmed in the source:
- IREN is targeting another 500 MW of IT load in 2027
What we did: Read our cached copy of the publisher (https://scanx.trade/stock-market-news/debt-markets/blue-owl-leads-2-4-billion-iren-debt-deal-nvidia-chip-purchases/49484774) in full (21,962 characters, retrieved September 18, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Blue Owl leads $2.4 billion Iren debt deal for Nvidia chip purchases - scanx.trade
Quote: “IREN is targeting about 300 MW of IT load in 2026 and another 500 MW in 2027, taking gross platform capacity to approximately 1.2-1.25 GW.”