Sweetwater substation construction start
Company: IREN
What the later record shows
Delivered late · happened May 31, 2025
The April 2025 update (published May 5) mentions only general site works at Sweetwater 1. The May 2025 update (published June 4) first says substation civil works had commenced, which is after the early-2025 target. The 10-K later confirms substation construction had started.
“General site-works continuing and substation civil works commenced”
2025-06-04 · iren 8-K exhibit (ex991may2025monthlyupdat.htm) View cached copy (2026-10-13)Live source ↗
“Construction of substation infrastructure has commenced at Sweetwater 1 (along with site establishment works such as construction offices, laydown areas and warehouse construction)”
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
Construction of the 1.4GW Sweetwater substation is to commence in early 2025.
Source (primary)
iren 8-K exhibit (janmonthlyupdatevff.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-20)Live source ↗
Quote: “construction of 1.4GW substation commencing in early 2025”
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 (janmonthlyupdatevff.htm)
Quote: “construction of 1.4GW substation commencing in early 2025”
confirms IREN 10-K filed 2025-08-28
Quote: “Construction of substation infrastructure has commenced at Sweetwater 1 (along with site establishment works such as construction offices, laydown areas and warehouse construction)”
confirms iren 8-K exhibit (ex991may2025monthlyupdat.htm)
Quote: “General site-works continuing and substation civil works commenced”