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Sweetwater 1 Construction Delivery

Company: IREN - Project: Sweetwater 1

Subject kind
facility timeline
Statement date
2026-09-08
Promised by
2027-12-31
Promised amount
300.0 MW
Current status
stated

The claim, verbatim

IREN is constructing 300MW of data center capacity at Sweetwater 1, targeting Q4 2027 delivery

Source (primary)

IREN shares stabilize as $1 billion ARR offsets AI slowdown fears - scanx.trade (-, news_article)
View cached copy (2026-09-20)Live source ↗

Quote: “Construction is currently underway for 300MW (gross) of data center capacity at this site. The company targets delivery of this initial phase in Q4 2027”

How we checked this

Checked on September 25, 2026. The cited source supports every part of this claim.

The document says construction is underway for 300MW (gross) at Sweetwater 1 with delivery targeted for Q4 2027.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://scanx.trade/stock-market-news/companies/iren-shares-stabilize-1-billion-arr-offsets-ai-slowdown-fears/50942616) in full (19,501 characters, retrieved September 20, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms IREN shares stabilize as $1 billion ARR offsets AI slowdown fears - scanx.trade

Quote: “Construction is currently underway for 300MW (gross) of data center capacity at this site. The company targets delivery of this initial phase in Q4 2027”

View cached copy (2026-09-20)Live source ↗