Company summary · as of 2026-11-06
IREN
NASDAQ: IREN14 sites tracked
A former bitcoin miner turning its own grid-connected sites into AI data centers. It owns every site we track for it, from Childress in Texas, where Microsoft and NVIDIA have contracted capacity, to British Columbia, South Australia and Spain. Four more Spanish sites most likely came with Nostrum, the developer it bought in June, though IREN has not named them. IREN reported more than 5 GW of grid-connected power across North America, Europe and Asia-Pacific in October 2026.
- Stated build-out
- 6,510 MW
- Operating
- 910 MW
- Under construction
- 2,000 MW
- Permitted
- 300 MW
- Proposed
- 3,300 MW
14 sites · MW stated for 10
4 sites
2 sites
1 site
3 sites
Each site's gross power capacity as IREN states it, at the stage IREN last put it in. IREN owns every site, so the whole site counts. Stated, not measured: whether the ground agrees is the construction reading, campus by campus, in the dossier.
Sites
| Site | Stage | Stated | IREN is | From orbit |
|---|---|---|---|---|
| IREN ChildressChildress County, TexasMicrosoft 200 MW (IT) and NVIDIA ~60 MW contracted | Operating | 750 MW | Owner | |
| IREN MackenzieFraser-Fort George, British Columbia, CanadaPrepared for GPUs from the second half of 2026 | Operating | 80 MW | Owner | |
| IREN Prince GeorgeFraser-Fort George, British Columbia, CanadaAir-cooled GPUs delivered | Operating | 50 MW | Owner | |
| IREN Canal FlatsEast Kootenay, British Columbia, CanadaBeing retrofitted for AI | Operating | 30 MW | Owner | |
| IREN Sweetwater 1Fisher County, Texas300 MW under construction first · in ERCOT Batch Zero | Under construction | 1,400 MW | Owner | |
| IREN Sweetwater 2Fisher County, TexasIn ERCOT Batch Zero with Sweetwater 1 | Under construction | 600 MW | Owner | |
| IREN BadajozBadajoz, SpainGrid access and civil works licence secured | Permitted, not started | 300 MW | Owner | Not yet located |
| IREN KiowaPittsburg County, OklahomaAnnounced February 2026 | Proposed | 1,600 MW | Owner | |
| IREN RedbankWagga Wagga, New South Wales, AustraliaOutside IREN's secured power · first energisation targeted 2029 | Proposed | 900 MW | Owner | Not yet located |
| IREN BundeyGoyder, South Australia, AustraliaTransmission connection agreement signed | Proposed | 800 MW | Owner | |
| Nostrum Cáceres campusCáceres, SpainFrom the Nostrum acquisition · not yet named by IREN | Stage not stated | — | Owner | Not yet located |
| Nostrum GuadalajaraGuadalajara, SpainFrom the Nostrum acquisition · not yet named by IREN | Stage not stated | — | Owner | Not yet located |
| Nostrum PintoPinto, Madrid, SpainFrom the Nostrum acquisition · not yet named by IREN | Stage not stated | — | Owner | Not yet located |
| Nostrum ZamudioZamudio, Bizkaia, SpainFrom the Nostrum acquisition · not yet named by IREN | Stage not stated | — | Owner | Not yet located |
Pipeline over time
Illustration. IREN’s own series is in the dossier.
On file
- Satellite passes
- 69 since 2026-04-01
- Imaged
- every 30 days typically · latest 2026-11-05
- Imaged so far
- 8 of the 14 sites; the rest once located and outlined
- Records
- 85 across the 14 sites in the dossier
Latest news
Permits & filings
What the full summary adds
- Construction reading per campus
Each campus measured pass by pass from Sentinel-1 radar: building, flat or not yet visible, with the series behind it.
- Pipeline over time
The stated pipeline quarter by quarter, by stage, so a slipped date or a stalled campus shows as a line that stops moving.
- Permits & agency records
The 7 records on file in full: issuer, type, date and the document they come from.
- Filings & milestones
24 SEC filings naming the company or its counterparties, and a dated milestone trail for every campus.
- Every campus dossier
Radar and thermal frames, ground photographs from vetted scouts and the full news feed, site by site.
- Alerts
An email when a new pass, story or permit lands on any of its campuses. At most one a day.
Know when IREN’s campuses move.
Free account. We’ll email you when a new pass, story or permit lands.