About 5GW of secured grid connections across four countries
Company: IREN
The claim, verbatim
Per its annual report, IREN had signed grid connection agreements, letters of agreement or equivalents totaling about 5GW. These cover the United States, Canada, Spain and Australia, across nine announced data center projects.
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: “the company had signed grid connection agreements, letters of agreement, or equivalents totaling about 5 gigawatts in the United States, Canada, Spain, and Australia”
How we checked this
Checked on October 17, 2026. The cited source supports part of this claim, but not all of it.
The article reports both the roughly 5GW of signed grid agreements across four countries and the nine announced projects, but as separate facts. It does not say the 5GW is distributed across those nine projects.
Confirmed in the source:
- Per its SEC-filed annual report, IREN had signed grid connection agreements, letters of agreement or equivalents totaling about 5GW
- The roughly 5GW covers the United States, Canada, Spain and Australia
- IREN's annual report disclosed nine announced data center projects
We could not confirm this from the cited source:
- The source does not state that the roughly 5GW of grid connection agreements is spread across the nine announced data center projects
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
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: “the company had signed grid connection agreements, letters of agreement, or equivalents totaling about 5 gigawatts in the United States, Canada, Spain, and Australia”