Nostrum Group acquisition for European platform
Company: IREN
The claim, verbatim
Acquired Nostrum Group, establishing European platform with 490 megawatts of secured power in Spain and gigawatt-scale development pipeline; team of 50+ professionals
Source (primary)
iren 8-K exhibit (irentranscript.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-07)Live source ↗
Quote: “Today, we announced the acquisition of Nostrum Group, and with it our entry into Europe. The transaction adds 490 megawatts of secured power in Spain, a gigawatt scale development pipeline, and a team of more than 50 people across development, engineering, construction, and operations.”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The transcript states all elements verbatim, including the Nostrum acquisition, 490 MW in Spain, gigawatt-scale pipeline, and 50+ person team.
Confirmed in the source:
- IREN announced the acquisition of Nostrum Group, marking its entry into Europe
- The transaction adds 490 megawatts of secured power in Spain
- It adds a gigawatt-scale development pipeline
- It adds a team of more than 50 people across development, engineering, construction and operations
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1878848/000187884826000028/irentranscript.htm) in full (50,400 characters, retrieved September 7, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms iren 8-K exhibit (irentranscript.htm)
Quote: “Today, we announced the acquisition of Nostrum Group, and with it our entry into Europe. The transaction adds 490 megawatts of secured power in Spain, a gigawatt scale development pipeline, and a team of more than 50 people across development, engineering, construction, and operations.”