{"id":969946,"date":"2026-06-03T07:12:17","date_gmt":"2026-06-03T11:12:17","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/iren-announces-first-australian-data-center-campus-800mw-in-south-australia\/"},"modified":"2026-06-03T07:12:17","modified_gmt":"2026-06-03T11:12:17","slug":"iren-announces-first-australian-data-center-campus-800mw-in-south-australia","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/iren-announces-first-australian-data-center-campus-800mw-in-south-australia\/","title":{"rendered":"IREN Announces First Australian Data Center Campus &#8211; 800MW in South Australia"},"content":{"rendered":"<div class=\"mw_release\">\n<p>NEW YORK, June  03, 2026  (GLOBE NEWSWIRE) &#8212; IREN Limited (NASDAQ: IREN) (\u201cIREN\u201d) today announced the signing of a transmission connection agreement to support a planned 800MW data center campus in Bundey, South Australia.<\/p>\n<p>\n        <strong>Highlights<\/strong>\n      <\/p>\n<ul type=\"disc\">\n<li style=\"margin-top:6pt;margin-bottom:6pt\">800MW data center campus in Bundey, South Australia<\/li>\n<li style=\"margin-top:6pt;margin-bottom:6pt\">High-voltage transmission connection secured into the utility\u2019s substation<\/li>\n<li style=\"margin-top:6pt;margin-bottom:6pt\">On track to commence energization from 2028<\/li>\n<li style=\"margin-top:6pt;margin-bottom:6pt\">Submarine fiber connectivity into key Asia-Pacific demand centers<\/li>\n<li style=\"margin-top:6pt;margin-bottom:6pt\">Expected to create over 200 ongoing skilled jobs, plus more than 500 during construction\n<\/li>\n<\/ul>\n<p>This marks IREN\u2019s first announced Australian data center project and one of the largest in the Asia-Pacific region announced to date. The site is located approximately 78 miles northeast of Adelaide.<\/p>\n<p>Asia-Pacific is among the world\u2019s fastest-growing sources of AI demand, with a significant gap between projected demand and available infrastructure. South Australia&#8217;s grid targets reaching\u00a0100% net renewable energy by 2027, and the site benefits from submarine fiber connectivity into major regional demand centers including Singapore, Indonesia, South Korea, and Japan.<\/p>\n<p>The transmission connection agreement secures four 330kV feeder exits at the utility\u2019s substation, expected to support up to 800MW without requiring network upgrades. IREN expects to commence early works and procurement in parallel with satisfaction of regulatory approvals and conditions under the transmission connection agreement.<\/p>\n<p>\n        <strong>Daniel Roberts, Co-Founder and Co-CEO of IREN, said:<\/strong>\n      <\/p>\n<p>\u201cSouth Australia offers what AI infrastructure at scale requires: abundant clean energy, the connectivity to serve the APAC region, and a State Government that understands the opportunity and is acting on it.<\/p>\n<p>\u201cThe Bundey campus is able to serve global and regional AI demand, as well as South Australia&#8217;s own growing need for AI compute. We look forward to partnering with the Government of South Australia, local communities and industry to expand domestic access to AI infrastructure, support research and innovation, and help build the skills and jobs the AI economy requires.\u201d<\/p>\n<p>\n        <strong>Peter Malinauskas, Premier of South Australia, said:<\/strong>\n      <\/p>\n<p>\u201cData centres are a significant economic opportunity, which can bring high-quality jobs, stronger renewable energy infrastructure, and new opportunities for regional communities.<\/p>\n<p>\u201cSouth Australia\u2019s leadership in renewable energy, our record investment in higher education, our unashamed pro-jobs and pro-business outlook and appointing the nation\u2019s first dedicated Minister for Artificial Intelligence means we are uniquely placed to seize the opportunities of AI.<\/p>\n<p>\u201cIREN\u2019s proposed Bundey campus represents a significant investment in our state, with the potential to create hundreds of construction jobs, support long-term skilled roles, and strengthen South Australia\u2019s position as a technology and innovation hub for the Asia-Pacific region.\u201d<\/p>\n<p>\n        <strong>About IREN<\/strong>\n      <\/p>\n<p>IREN is a vertically integrated AI Cloud provider, delivering large-scale data centers and GPU clusters for AI training and inference. IREN\u2019s platform is underpinned by its expansive portfolio of grid-connected land and power in renewable-rich regions across North America, Europe and APAC.<\/p>\n<p>\n        <strong>Contacts<\/strong>\n      <\/p>\n<p>\n        <strong>Investors<\/strong><br \/>\n        <br \/>ir@iren.com<\/p>\n<p>\n        <strong>Media<\/strong><br \/>\n        <br \/>media@iren.com<\/p>\n<p>\n        <strong>Forward-Looking Statements<\/strong>\n      <\/p>\n<p align=\"justify\">This news release contains \u201cforward-looking statements\u201d within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or IREN\u2019s future financial or operating performance. Forward-looking statements include information concerning possible or assumed future results of operations, including descriptions of our business plan and strategies, revenue targets, expectations relating to capital expenditures, anticipated hardware deliveries, receipt of planning, environmental, grid and other regulatory approvals and completion of applicable grid studies, pipeline capacity, geographic expansion initiatives, labor requirements, job and skills creation, economic benefits and trends we expect to affect our business. These statements often include words such as \u201canticipate,\u201d \u201cbelieve,\u201d \u201cmay,\u201d \u201ccan,\u201d \u201cshould,\u201d \u201ccould,\u201d \u201cmight,\u201d \u201cplan,\u201d \u201cpossible,\u201d \u201cproject,\u201d \u201cstrive,\u201d \u201cbudget,\u201d \u201cforecast,\u201d \u201cexpect,\u201d \u201cintend,\u201d \u201ctarget,\u201d \u201cwill,\u201d \u201cestimate,\u201d \u201cpredict,\u201d \u201cpotential,\u201d \u201ccontinue,\u201d \u201cscheduled\u201d. Forward-looking statements may also be made, verbally or in writing, by members of our Board or management team in connection with this news release.<\/p>\n<p align=\"justify\">These forward-looking statements are based on management\u2019s current expectations and beliefs. These statements are neither promises nor guarantees, but involve and are subject to known and unknown risks, uncertainties and other important factors that may cause IREN\u2019s actual results, performance or achievements to differ materially from any future results performance or achievements expressed or implied by the forward-looking statements, including IREN\u2019s ability to successfully execute on its growth strategies and operating plans, achieve its targeted annualized run-rate revenue and operating capacity, continue to develop its existing data center sites, design and deploy direct-to-chip liquid cooling systems, and diversify and expand into the market for high performance computing solutions (including the market for cloud services and potential colocation services), along with other important factors discussed under the caption \u201cRisk Factors\u201d in IREN\u2019s Annual Report on Form 10-K, filed with Securities and Exchange Commission (the \u201cSEC\u201d) on August 28, 2025 and our other filings with the SEC. These and other important factors could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any forward-looking statement included in this press release speaks only as of the date of such statement. Except as required by law, IREN disclaims any obligation to update or revise, or to publicly announce any update or revision to, any of the forward-looking statements, whether as a result of new information, future events or otherwise.<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTczMTIyNSM3NjM0MzM0IzIyMjMyNzQ=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/NTczYzc2NGMtZTk2NC00YmQ1LTgwNGEtMzIyYWNiZjkyNDRkLTEyMzQ4MjctMjAyNi0wNi0wMy1lbg==\/tiny\/IREN-Limited.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, June 03, 2026 (GLOBE NEWSWIRE) &#8212; IREN Limited (NASDAQ: IREN) (\u201cIREN\u201d) today announced the signing of a transmission connection agreement to support a planned 800MW data center campus in Bundey, South Australia. Highlights 800MW data center campus in Bundey, South Australia High-voltage transmission connection secured into the utility\u2019s substation On track to commence energization from 2028 Submarine fiber connectivity into key Asia-Pacific demand centers Expected to create over 200 ongoing skilled jobs, plus more than 500 during construction This marks IREN\u2019s first announced Australian data center project and one of the largest in the Asia-Pacific region announced to date. The site is located approximately 78 miles northeast of Adelaide. Asia-Pacific is among the world\u2019s fastest-growing sources of AI &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/iren-announces-first-australian-data-center-campus-800mw-in-south-australia\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;IREN Announces First Australian Data Center Campus &#8211; 800MW in South Australia&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-969946","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>IREN Announces First Australian Data Center Campus - 800MW in South Australia - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/iren-announces-first-australian-data-center-campus-800mw-in-south-australia\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IREN Announces First Australian Data Center Campus - 800MW in South Australia - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, June 03, 2026 (GLOBE NEWSWIRE) &#8212; IREN Limited (NASDAQ: IREN) (\u201cIREN\u201d) today announced the signing of a transmission connection agreement to support a planned 800MW data center campus in Bundey, South Australia. Highlights 800MW data center campus in Bundey, South Australia High-voltage transmission connection secured into the utility\u2019s substation On track to commence energization from 2028 Submarine fiber connectivity into key Asia-Pacific demand centers Expected to create over 200 ongoing skilled jobs, plus more than 500 during construction This marks IREN\u2019s first announced Australian data center project and one of the largest in the Asia-Pacific region announced to date. The site is located approximately 78 miles northeast of Adelaide. Asia-Pacific is among the world\u2019s fastest-growing sources of AI &hellip; Continue reading &quot;IREN Announces First Australian Data Center Campus &#8211; 800MW in South Australia&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/iren-announces-first-australian-data-center-campus-800mw-in-south-australia\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-03T11:12:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTczMTIyNSM3NjM0MzM0IzIyMjMyNzQ=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/iren-announces-first-australian-data-center-campus-800mw-in-south-australia\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/iren-announces-first-australian-data-center-campus-800mw-in-south-australia\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"IREN Announces First Australian Data Center Campus &#8211; 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IREN Limited (NASDAQ: IREN) (\u201cIREN\u201d) today announced the signing of a transmission connection agreement to support a planned 800MW data center campus in Bundey, South Australia. Highlights 800MW data center campus in Bundey, South Australia High-voltage transmission connection secured into the utility\u2019s substation On track to commence energization from 2028 Submarine fiber connectivity into key Asia-Pacific demand centers Expected to create over 200 ongoing skilled jobs, plus more than 500 during construction This marks IREN\u2019s first announced Australian data center project and one of the largest in the Asia-Pacific region announced to date. The site is located approximately 78 miles northeast of Adelaide. Asia-Pacific is among the world\u2019s fastest-growing sources of AI &hellip; Continue reading \"IREN Announces First Australian Data Center Campus &#8211; 800MW in South Australia\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/iren-announces-first-australian-data-center-campus-800mw-in-south-australia\/","og_site_name":"Market Newsdesk","article_published_time":"2026-06-03T11:12:17+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTczMTIyNSM3NjM0MzM0IzIyMjMyNzQ=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/iren-announces-first-australian-data-center-campus-800mw-in-south-australia\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/iren-announces-first-australian-data-center-campus-800mw-in-south-australia\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"IREN Announces First Australian Data Center Campus &#8211; 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