Canal Flats liquid cooling conversion plan
Company: IREN - Project: Canal Flats
The claim, verbatim
IREN plans to convert Canal Flats entirely to liquid cooling for GB300s to maximize the value of existing power capacity
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: “The company plans to convert Canal Flats entirely to liquid cooling for GB300s to maximize the value of existing power capacity.”
How we checked this
Checked on September 23, 2026. The cited source supports every part of this claim.
The source states the plan, the target hardware and the rationale.
Confirmed in the source:
- IREN plans to convert Canal Flats entirely to liquid cooling
- The conversion is for GB300s
- The purpose is to maximize the value of existing power capacity
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: “The company plans to convert Canal Flats entirely to liquid cooling for GB300s to maximize the value of existing power capacity.”