Canal Flats Liquid-Cooling Conversion
Company: IREN - Project: Canal Flats
The claim, verbatim
IREN is converting Canal Flats site to 100% liquid-cooling capability to serve next-generation, high-heat GPU customers
Source (primary)
IREN Limited Q4 2026 Earnings Call Summary - Yahoo Finance (-, news_article)
View cached copy (2026-09-04)Live source ↗Archive.org ↗
Quote: “The decision to convert sites like Canal Flats to 100% liquid-cooling was driven by the 'vast majority' of customers shifting toward next-generation, high-heat GPUs.”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The summary reports IREN's decision to convert Canal Flats to 100% liquid-cooling because most customers are moving to next-generation, high-heat GPUs.
Confirmed in the source:
- IREN decided to convert its Canal Flats site to 100% liquid-cooling
- The conversion was driven by the vast majority of customers shifting toward next-generation, high-heat GPUs
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/iren-limited-q4-2026-earnings-123000951.html) in full (11,105 characters, retrieved September 4, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN Limited Q4 2026 Earnings Call Summary - Yahoo Finance
Quote: “The decision to convert sites like Canal Flats to 100% liquid-cooling was driven by the 'vast majority' of customers shifting toward next-generation, high-heat GPUs.”
confirms Blue Owl leads $2.4 billion Iren debt deal for Nvidia chip purchases - scanx.trade
Quote: “The company plans to convert Canal Flats entirely to liquid cooling for GB300s to maximize the value of existing power capacity”