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Sweetwater 1 (1.4GW) energization in April 2026

Company: IREN - Project: Sweetwater 1

This claim was marked delayed on October 15, 2026. Recorded automatically from the cited source when it was published, then queued for evidence review.

How this was decided: Automated extraction from the cited source. The claim is preserved below exactly as it was originally published, so the record shows what was asserted as well as what became of it.

Subject kind
facility timeline
Statement date
2025-05-13
Promised by
2026-04-30
Promised amount
1400.0 MW
Current status
delayed

What the later record shows

The date slipped · new target June 30, 2026

The August 2025 10-K revised the Sweetwater 1 energization target to Q2 calendar 2026. Later passages describe Sweetwater 1 capacity in the 2027 build, and none states it was energized.

“we are targeting grid connection and a substation energization date in the second quarter of calendar year 2026 for Sweetwater 1”
2025-08-27 · IREN 10-K filed 2025-08-28 View cached copy (2026-08-31)Live source ↗
“2027 expansion to 1,210MW in build o Childress Horizons 5–6 o Childress air-cooled capacity o Sweetwater 1 initial phase”
2026-05-07 · iren 8-K exhibit (irenreportsq3fy26results.htm) View cached copy (2026-09-08)Live source ↗

Checked October 15, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

IREN expects energization of Sweetwater 1, with 1.4GW of capacity, in April 2026.

Source (primary)

iren 8-K exhibit (q3fy25presentationvf.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-15)Live source ↗

Quote: “Sweetwater 1 - 1.4GW April 2026 energization”

How we checked this

Checked on October 17, 2026. The cited source supports every part of this claim.

The highlights slide lists 'Sweetwater 1 - 1.4GW April 2026 energization.'

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1878848/000187884825000043/q3fy25presentationvf.htm) in full (46,276 characters, retrieved October 15, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms iren 8-K exhibit (q3fy25presentationvf.htm)

Quote: “Sweetwater 1 - 1.4GW April 2026 energization”

View cached copy (2026-10-15)Live source ↗

delays IREN 10-K filed 2025-08-28

Quote: “we are targeting grid connection and a substation energization date in the second quarter of calendar year 2026 for Sweetwater 1”

View cached copy (2026-08-31)Live source ↗

delays iren 8-K exhibit (irenreportsq3fy26results.htm)

Quote: “2027 expansion to 1,210MW in build o Childress Horizons 5–6 o Childress air-cooled capacity o Sweetwater 1 initial phase”

View cached copy (2026-09-08)Live source ↗

Record of changes

October 15, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 15, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.