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Sweetwater 1,400MW load capacity secured

Company: IREN

Subject kind
facility capacity
Statement date
2025-03-19
Promised amount
1400.0 MW
Current status
stated

The claim, verbatim

IREN is developing its 1,400MW Sweetwater data center project near Abilene, Texas, and has paid $11.7 million in connection deposits in full to secure 1,400MW of electrical load capacity with direct ERCOT grid connection.

Source (primary)

iren 8-K exhibit (irenlimited-exx992dec2024x.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-18)Live source ↗

Quote: “As of December 31, 2024 we have paid $11.7 million of connection deposits in full in order to secure 1,400MW of electrical load capacity and allow the utility to connect the project directly to the ERCOT grid.”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms iren 8-K exhibit (irenlimited-exx992dec2024x.htm)

Quote: “As of December 31, 2024 we have paid $11.7 million of connection deposits in full in order to secure 1,400MW of electrical load capacity and allow the utility to connect the project directly to the ERCOT grid.”

View cached copy (2026-10-18)Live source ↗