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IREN energizes 1.4GW Sweetwater 1 data center in Texas, advancing AI infrastructure capacity.

Company Fundamentals
01 May 2026
GlobeNewsWire
Bullish
pluang ai news

IREN Limited has successfully energized its 1.4GW Sweetwater 1 data center site in Texas by connecting its high-voltage substation to the ERCOT grid. This milestone is crucial for the broader 2GW Sweetwater campus development, enabling phased power delivery aligned with data center construction. The energization supports faster AI infrastructure deployment by increasing grid-connected capacity, reducing time-to-compute for customers. IREN highlights its efficient execution and supply chain strength as key factors in meeting market demand for large-scale AI cloud infrastructure.

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