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Sweetwater 1 energization April 2026

Company: IREN - Project: Sweetwater 1

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

What the later record shows

Delivered; the record does not say when

By May 10, 2026, IREN said the Sweetwater 1 substation had been energized 'on schedule'. By then the target had been restated as Q2 2026, so whether it met the original April 2026 date is unknown.

“a substation energization date in the second quarter of calendar year 2026 for Sweetwater 1”
2026-02-04 · IREN 10-Q filed 2026-02-05 View cached copy (2026-08-31)Live source ↗
“At Sweetwater 1, the high- voltage substation has been energized on schedule and construction is now underway”
2026-05-10 · iren 8-K exhibit (irentranscript.htm) View cached copy (2026-09-07)Live source ↗

Checked October 16, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

Sweetwater 1 (1.4GW grid-connected power secured) is scheduled for energization in April 2026; general site-works are underway.

Source (primary)

iren 8-K exhibit (aprilmonthlyupdatevf.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-16)Live source ↗

Quote: “Sweetwater 1 (1.4GW) • General site-works underway • Energization April 2026”

How we checked this

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

The project update and site overview state each of these points for Sweetwater 1.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1878848/000187884825000037/aprilmonthlyupdatevf.htm) in full (21,129 characters, retrieved October 16, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms iren 8-K exhibit (aprilmonthlyupdatevf.htm)

Quote: “Sweetwater 1 (1.4GW) • General site-works underway • Energization April 2026”

View cached copy (2026-10-16)Live source ↗

confirms IREN 10-Q filed 2026-02-05

Quote: “a substation energization date in the second quarter of calendar year 2026 for Sweetwater 1”

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

confirms iren 8-K exhibit (irentranscript.htm)

Quote: “At Sweetwater 1, the high- voltage substation has been energized on schedule and construction is now underway”

View cached copy (2026-09-07)Live source ↗

Record of changes

October 16, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 16, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.