Redbank outside secured-power portfolio, early assessment
Company: IREN - Project: Redbank
The claim, verbatim
IREN said Redbank is not included in its announced 5GW secured-power portfolio and is at the early assessment stage, with the company working toward a grid connection.
Source (primary)
IREN's Redbank Campus Adds 900MW To Its Plans, But Power Is Not Secured Yet - Yahoo Finance (-, news_article)
View cached copy (2026-10-15)Live source ↗Archive.org ↗
Quote: “"not included in our announced 5GW secured-power portfolio." IREN said the project was at the early assessment stage.”
How we checked this
Checked on October 17, 2026. The cited source supports every part of this claim.
The article quotes IREN saying Redbank is outside its 5GW secured-power portfolio, is at the early assessment stage, and that it is working toward a grid connection.
Confirmed in the source:
- IREN said Redbank is not included in its announced 5GW secured-power portfolio
- IREN said Redbank is at the early assessment stage
- IREN said it was working toward a grid connection for Redbank
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/energy/articles/irens-redbank-campus-adds-900mw-094922499.html) in full (11,381 characters, retrieved October 15, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN's Redbank Campus Adds 900MW To Its Plans, But Power Is Not Secured Yet - Yahoo Finance
Quote: “"not included in our announced 5GW secured-power portfolio." IREN said the project was at the early assessment stage.”