Sweetwater 1 (1.4GW) energization April 2026
Company: IREN - Project: Sweetwater 1
What the later record shows
Delivered on time · happened April 30, 2026
The May 2026 earnings call says the Sweetwater 1 high-voltage substation was energized on schedule, against an April 2026 target. The exact day is not given, so the end of April is used.
“Sweetwater 1 (1,400MW) substation energization targeting April 2026”
2025-11-05 · iren 8-K exhibit (q1fy26resultspressreleas.htm) View cached copy (2026-09-27)Live source ↗
“At Sweetwater 1, the high- voltage substation has been energized on schedule and construction is now underway”
2026-05-10 · iren 8-K exhibit (irentranscript.htm) View cached copy (2026-09-07)Live source ↗
Checked October 13, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Sweetwater 1, a 1.4GW site in Texas, is scheduled for energization in April 2026. General site works are continuing and substation civil works have commenced.
Source (primary)
iren 8-K exhibit (ex991may2025monthlyupdat.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-13)Live source ↗
Quote: “Sweetwater 1 (1.4GW) • General site-works continuing and substation civil works commenced • Energization April 2026”
How we checked this
Checked on October 15, 2026. The cited source supports every part of this claim.
The update lists Sweetwater 1, TX at 1,400MW with site works continuing, substation civil works commenced, and energization in April 2026.
Confirmed in the source:
- Sweetwater 1 is a 1.4GW (1,400MW) site in Texas
- Sweetwater 1 energization is scheduled for April 2026
- General site works at Sweetwater 1 are continuing
- Substation civil works at Sweetwater 1 have commenced
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1878848/000187884825000045/ex991may2025monthlyupdat.htm) in full (23,643 characters, retrieved October 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms iren 8-K exhibit (ex991may2025monthlyupdat.htm)
Quote: “Sweetwater 1 (1.4GW) • General site-works continuing and substation civil works commenced • Energization April 2026”
confirms iren 8-K exhibit (irentranscript.htm)
Quote: “At Sweetwater 1, the high- voltage substation has been energized on schedule and construction is now underway”
confirms iren 8-K exhibit (q1fy26resultspressreleas.htm)
Quote: “Sweetwater 1 (1,400MW) substation energization targeting April 2026”