Sweetwater 1.4GW substation energization
Company: IREN
What the later record shows
The date slipped · new target June 30, 2026
The target was 'April 2026' through mid-2025. The November 2025 10-Q broadened it to Q2 calendar 2026. No passage confirms 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”
2025-11-05 · IREN 10-Q filed 2025-11-06 View cached copy (2026-08-31)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
Procurement is underway to support energization of the IREN-owned 1.4GW Sweetwater substation by April 2026. This date was brought forward from October 2026.
Source (primary)
iren 8-K exhibit (irendec2024monthlyupdate.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-21)Live source ↗
Quote: “Procurement underway to support IREN-owned 1.4GW substation energization by 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 (irendec2024monthlyupdate.htm)
Quote: “Procurement underway to support IREN-owned 1.4GW substation energization by April 2026”
delays IREN 10-Q filed 2025-11-06
Quote: “we are targeting grid connection and a substation energization date in the second quarter of calendar year 2026 for Sweetwater 1”
delays 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.”