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Home/News Feed/IREN acquires Spain's Nostrum Group, expanding AI cloud platform into Europe with 490MW power capacity.
IREN
$62.05
+$2.28 +3.81%

IREN acquires Spain's Nostrum Group, expanding AI cloud platform into Europe with 490MW power capacity.

Company Fundamentals
15 Jun 2026
Globe Newswire
View Source
Bullish
pluang ai news

IREN Limited has completed the acquisition of Nostrum Group, a Spanish developer of grid-connected AI data centers, marking IREN's entry into the European market. This acquisition adds approximately 490MW of secured power capacity in Spain and includes a development pipeline and a team of over 50 experts. The move positions IREN to meet the growing demand for AI cloud infrastructure in Europe, leveraging Spain's renewable energy and strong connectivity. Nostrum will continue operations under the IREN brand, accelerating AI infrastructure development across the region.

More News (IREN)

IREN expands AI cloud presence in Europe by acquiring Spain's Nostrum Group with 490MW secured power.

IREN expands AI cloud presence in Europe by acquiring Spain's Nostrum Group with 490MW secured power.

IREN Limited has completed the acquisition of Nostrum Group, a Spanish developer of grid-connected AI data centers, marking IREN's entry into the European market. This deal adds about 490MW of secured power capacity and a development pipeline in Spai...

Company Fundamentals
Bullish
6 hours ago
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