IREN, formerly Iris Energy, is a Nasdaq-listed operator of AI data centers and GPU cloud capacity. It runs purpose-built campuses in Texas and British Columbia, including the 750 MW Childress site, and is building a 2,000 MW campus in Sweetwater, Texas. It signed a $9.7 billion AI cloud agreement with Microsoft.
IREN builds and operates AI data centers and sells NVIDIA GPU cluster capacity through IREN Cloud, for AI training and inference customers.
Source: iren.com
Its sites include Childress, Texas (750 MW) and Sweetwater, Texas (2,000 MW, under construction), plus 30 to 80 MW sites in British Columbia, Canada.
Source: iren.com
IREN signed a roughly $9.7 billion, five-year agreement with Microsoft to provide NVIDIA GB300 capacity at Childress. It reported delivering the first Horizon deployment to Microsoft and achieving NVIDIA Exemplar Cloud status on GB300 NVL72.
Source: iren.com, iren.gcs-web.com
IREN says its data centers are 100% renewable-powered; the claim carries an asterisk on its site, so buyers should read the qualifying note. We found no SBTi entry (checked October 16, 2026).
Source: iren.com, sciencebasedtargets.org
IREN suits large AI buyers that want dedicated GPU clusters on power-rich campuses with renewable sourcing.
| Field | Value | Source |
|---|---|---|
| Headquarters | No data | NO DATA |
| Founded | No data | NO DATA |
| Ownership | Public (Nasdaq: IREN) | PUBLIC SOURCE iren.com |
| Employees | No data | NO DATA |
| Revenue (published) | No data | NO DATA |
| Operations and regions | No data | NO DATA |
| Customers and markets | No data | NO DATA |
| Facilities and capacity | Sites incl. Childress TX 750 MW, Sweetwater TX 2,000 MW (under construction), BC Canada sites 30-80 MW | COMPANY WEBSITE iren.com |
| Technologies | No data | NO DATA |
| Certifications and standards | No data | NO DATA |
| Partners and named customers | No data | NO DATA |
Only what the company or an official register publishes. Targets and commitments are labelled as such. No data means we found no public figure, not that none exists.
| Field | Value | Source |
|---|---|---|
| PUE (published) | No data | NO DATA |
| WUE (published) | No data | NO DATA |
| Renewable energy share | 100% renewable-powered data centers (claim carries an asterisk on site) VENDOR CLAIM, NOT DATED Year: not stated | COMPANY WEBSITE iren.com |
| SBTi target status | Not found in SBTi export (checked 2026-10-16) | PUBLIC SOURCE sciencebasedtargets.org |
Yes. IREN is its current name. (iren.com)
A roughly $9.7 billion agreement for AI cloud capacity. (iren.com)
In Texas and British Columbia. (iren.com)
Accessed Oct 24, 2026.
