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IREN

Developer
1
Total Signals
1
States Active
0
Markets

Construction Stages

1
Under Construction

Signal Types

New Entrant1

Active States

TX Texas

Partner Network

Team Intelligence

DCWeeklyIntel tracks 3 data center professionals at IREN.

Project Leadership
1
Finance & Investment
1
Other
1
Other3

3 team members linked to active projects

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Recent Signals

IREN

Under ConstructionNew Entrant
Texas, TX

IREN's 1,400 MW Sweetwater 1 AI data center in West Texas is scheduled for grid connection in April 2026, six months ahead of the original October 2026 timeline. A $3.6 billion financing package from Goldman Sachs and JPMorgan, plus $1.9 billion in prepayments, covers 95% of a $9.7 billion AI contract with Microsoft. The two Sweetwater sites combined will reach 2 GW across 1,800 acres, hosting over 700,000 liquid-cooled GPUs with direct ERCOT grid access. IREN also acquired a 1.6 GW site in Oklahoma, bringing its secured pipeline past 4.5 GW. Approximately $3.5 billion in capex remains due in H2 2026.

Apr 12, 2026

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