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Sweetwater substation energization target

Company: IREN

Subject kind
facility timeline
Statement date
2025-02-11
Promised by
2026-04-30
Promised amount
1400.0 MW
Current status
outcome unconfirmed

What the later record shows

Outcome not yet confirmed

SEC filings from August and November 2025 restate the target as Q2 calendar 2026, while press releases kept April 2026. No passage reports the actual substation energization.

“We are targeting a substation energization date of April 2026 and late 2027 for Sweetwater 1 and Sweetwater 2, respectively.”
2025-05-13 · iren 8-K exhibit (irenlimited-exx994mar2025.htm) View cached copy (2026-10-15)Live source ↗
“we are targeting grid connection and a substation energization date in the second quarter of calendar year 2026 for Sweetwater 1”
2025-08-27 · IREN 10-K filed 2025-08-28 View cached copy (2026-08-31)Live source ↗

Checked October 20, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

IREN is developing its 1,400MW Sweetwater data center project near Abilene, Texas, and targets substation energization in April 2026.

Source (primary)

iren 8-K exhibit (irenlimited-exx994dec2024.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-20)Live source ↗

Quote: “We are targeting an April 2026 substation energization date.”

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-exx994dec2024.htm)

Quote: “We are targeting an April 2026 substation energization date.”

View cached copy (2026-10-20)Live source ↗

Record of changes

October 20, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 20, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.