Sweetwater 1,400MW energization April 2026
Company: IREN
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”
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”
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”
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.”
