IREN Watch posted an update
IREN is evaluating a proposed 900 MW data-centre campus near Wagga Wagga, Australia, with a potential investment of more than AU$10 billion. The company is targeting a grid connection from 2029, according to Ad Hoc News.
Why it mattersThat is a sizeable expansion prospect, not a funded or approved build. The report says the project is still in an early evaluation phase, so the capacity figure comes with a long list of steps between ambition and a working site. IREN’s September-quarter results are due on 5 November, another date for investors watching how its AI infrastructure plans meet their costs.
Discuss: How much weight should a proposed campus carry before funding, approvals and a grid connection are secured?
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