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Sweetwater 2 energization late 2027

Company: IREN - Project: Sweetwater 2

Subject kind
facility timeline
Statement date
2025-07-06
Promised by
2027-12-31
Promised amount
600.0 MW
Current status
stated

The claim, verbatim

Sweetwater 2 (600MW) is targeting energization in late 2027; fiber loop design to Sweetwater 1 is complete and procurement of long-lead high voltage equipment is underway.

Source (primary)

iren 8-K exhibit (ef20051646_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-11)Live source ↗

Quote: “Targeting energization late 2027”

How we checked this

Checked on October 15, 2026. The cited source supports every part of this claim.

IREN's June 2025 monthly update lists Sweetwater 2 at 600MW and says it is targeting energization in late 2027. The same section says fiber loop design to Sweetwater 1 is complete and long-lead high voltage equipment procurement is underway.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1878848/000114036125024971/ef20051646_ex99-1.htm) in full (23,104 characters, retrieved October 11, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms iren 8-K exhibit (ef20051646_ex99-1.htm)

Quote: “Targeting energization late 2027”

View cached copy (2026-10-11)Live source ↗