Sweetwater 2 (600MW) energization late 2027
Company: IREN - Project: Sweetwater 2
The claim, verbatim
Sweetwater 2, a 600MW site in Texas, is scheduled for energization in late 2027. Design work is complete for a direct fiber loop connecting Sweetwater 1 and 2 into a 2GW hub.
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 2 (600MW) • Design work complete for a direct fiber loop connecting Sweetwater 1 & 2 to create 2GW Sweetwater data center hub • Energization late 2027”
How we checked this
Checked on October 15, 2026. The cited source supports every part of this claim.
The update lists Sweetwater 2, TX at 600MW with energization in late 2027 and completed design for a fiber loop creating a 2GW hub with Sweetwater 1.
Confirmed in the source:
- Sweetwater 2 is a 600MW site in Texas
- Sweetwater 2 energization is scheduled for late 2027
- Design work is complete for a direct fiber loop connecting Sweetwater 1 and 2
- The fiber loop would create a 2GW Sweetwater data center hub
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 2 (600MW) • Design work complete for a direct fiber loop connecting Sweetwater 1 & 2 to create 2GW Sweetwater data center hub • Energization late 2027”