Redbank projected spending
Company: IREN - Project: Redbank
The claim, verbatim
IREN projects spending of more than $10 billion on Redbank (currency unspecified), per a source cited by Capital Brief.
Source (primary)
IREN proposes 900 MW Redbank data center near Wagga Wagga, outside its secured-power portfolio - Yahoo Finance (-, news_article)
View cached copy (2026-10-15)Live source ↗
Quote: “projected spending of more than $10 billion”
How we checked this
Checked on October 17, 2026. The cited source supports every part of this claim.
The article reports Capital Brief's figure of more than $10 billion from a source and notes that the outlet did not specify the currency.
Confirmed in the source:
- IREN projects spending of more than $10 billion on Redbank.
- The currency of the spending figure was not specified.
- The spending figure was reported by Capital Brief, citing a source.
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/energy/articles/iren-proposes-900-mw-redbank-144547966.html) in full (9,621 characters, retrieved October 15, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN proposes 900 MW Redbank data center near Wagga Wagga, outside its secured-power portfolio - Yahoo Finance
Quote: “projected spending of more than $10 billion”