jain.com

Sweetwater 1,400MW energization April 2026

Company: IREN

Subject kind
facility timeline
Statement date
2025-01-20
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

September 2026 articles say IREN energized the Sweetwater 1 high-voltage substation 'earlier this year' (2026). None gives the date, so it cannot be told whether this met the April 2026 target.

“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 ↗
“At Sweetwater 1, IREN energized its high-voltage substation earlier this year and is currently building 300 MW of data center capacity”
2026-09-08 · IREN Is Building Out Its AI Power Footprint: 2GW Sweetwater Hub Gets Conditional ERCOT Status - Yahoo Finance View cached copy (2026-09-09)Live source ↗Archive.org ↗
“Sweetwater 1 with a capacity of 1,400MW and Sweetwater 2 with 600MW . These projects are part of IREN's broader global data center development portfolio”
2026-09-08 · IREN’s 2GW Sweetwater Hub conditionally included in ERCOT Batch Zero - scanx.trade View cached copy (2026-09-14)Live source ↗

Checked October 21, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

The Sweetwater project's 1,400MW substation and electrical build-out is targeted for energization in April 2026.

Source (primary)

iren 8-K exhibit (ny20037451x2_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-21)Live source ↗

Quote: “a 1,400MW substation and electrical build-out targeted for energization in April 2026”

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 (ny20037451x2_ex99-1.htm)

Quote: “a 1,400MW substation and electrical build-out targeted for energization in April 2026”

View cached copy (2026-10-21)Live source ↗

confirms IREN Is Building Out Its AI Power Footprint: 2GW Sweetwater Hub Gets Conditional ERCOT Status - Yahoo Finance

Quote: “At Sweetwater 1, IREN energized its high-voltage substation earlier this year and is currently building 300 MW of data center capacity”

View cached copy (2026-09-09)Live source ↗Archive.org ↗

confirms IREN’s 2GW Sweetwater Hub conditionally included in ERCOT Batch Zero - scanx.trade

Quote: “Sweetwater 1 with a capacity of 1,400MW and Sweetwater 2 with 600MW . These projects are part of IREN's broader global data center development portfolio”

View cached copy (2026-09-14)Live source ↗

confirms iren 8-K exhibit (irenlimited-exx994mar2025.htm)

Quote: “We are targeting a substation energization date of April 2026 and late 2027 for Sweetwater 1 and Sweetwater 2, respectively.”

View cached copy (2026-10-15)Live source ↗

Record of changes

October 21, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 21, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.