jain.com

Iren 500 MW IT load target for 2027

Company: IREN

Subject kind
facility capacity
Statement date
2026-08-28
Promised by
2027-12-31
Promised amount
500.0 MW
Current status
stated

The claim, verbatim

Iren is targeting an additional 500 MW of IT load by end of 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: “another 500 MW in 2027”

How we checked this

Checked on September 23, 2026. The cited source supports every part of this claim.

The source says IREN is targeting about 300 MW of IT load in 2026 'and another 500 MW in 2027', which establishes the additional 500 MW target for 2027.

Confirmed in the source:

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: “another 500 MW in 2027”

View cached copy (2026-09-18)Live source ↗