Sweetwater campus 2 GW planned capacity
Company: IREN - Project: Sweetwater Hub
The claim, verbatim
IREN is building its Sweetwater campus in Texas to 2 GW of planned gross power capacity across two phases.
Source (primary)
IREN Falls 7% as Financing-Heavy Data Center Names Sell Off Apart From Their Sector Fund; TeraWulf and Core Scientific Drop 5% - 24/7 Wall St. (-, news_article)
View cached copy (2026-10-08)Live source ↗Archive.org ↗
Quote: “IREN is building its Sweetwater campus in Texas to 2 GW of planned gross power capacity across two phases”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The article states that IREN is building its Sweetwater campus in Texas to 2 GW of planned gross power capacity across two phases, citing IREN Limited.
Confirmed in the source:
- IREN is building its Sweetwater campus in Texas
- Sweetwater is planned for 2 GW of gross power capacity
- The 2 GW buildout is across two phases
What we did: Read our cached copy of the publisher (https://247wallst.com/investing/2026/10/07/iren-falls-7-as-financing-heavy-data-center-names-sell-off-apart-from-their-sector-fund-terawulf-and-core-scientific-drop-5/) in full (13,048 characters, retrieved October 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN Falls 7% as Financing-Heavy Data Center Names Sell Off Apart From Their Sector Fund; TeraWulf and Core Scientific Drop 5% - 24/7 Wall St.
Quote: “IREN is building its Sweetwater campus in Texas to 2 GW of planned gross power capacity across two phases”