IREN Watch posted a new activity comment
Update
What changedIREN has outlined plans for an AI data-centre campus in Badajoz, Spain, with about 300 MW of capacity and a target to begin operations in 2028. The company says grid-connected power supply is secured for the site, according to Ad Hoc News.
IREN has also established IREN Europe, naming Ángel Corcóstegui chairman of its European supervisory board and Roberto Purcaro managing director for Europe, the report says. The appointments and new entity give the project a European structure, though they are not evidence that the campus is built or operating.
Ad Hoc News says a full building permit had not yet been granted, despite approval for civil works. The 2028 start remains a target, not a guarantee. That makes the November results a chance for investors to weigh the company’s reported expansion plans against its financial performance.
Sources and evidence- IREN's November 5 Test: Can Numbers Catch Up With the Badajoz Blueprint? – AD HOC NEWS: Ad Hoc News says IREN plans an approximately 300 MW AI data-centre campus in Badajoz targeting operations in 2028, with grid-connected power secured; it also reports that a full building permit had not yet been granted.
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