Sweetwater 1 initial 300MW phase targeting Q4 2027 delivery
Company: IREN - Project: Sweetwater 1
The claim, verbatim
300MW of data center capacity under construction at Sweetwater 1 with target delivery in Q4 2027
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 page says construction is underway for 300MW (gross) of data center capacity at Sweetwater 1, with delivery targeted for Q4 2027. This comes from the related Sweetwater article embedded on the page, not the main ARR article.
Confirmed in the source:
- Construction is underway on 300MW (gross) of data center capacity
- That 300MW is at Sweetwater 1
- IREN targets delivery of this initial phase in Q4 2027
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”