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Home/Deal Room/IREN secures transmission path for 800MW Australia AI campus

Data centers · Evidence brief

IREN secures transmission path for 800MW Australia AI campus

IREN + South Australia transmission utility / state stakeholders

Primary sourcePress release only2026-06-03
Deal structureTransmission connection agreement / AI data-center campus development
GeographyBundey, South Australia / Adelaide APAC AI corridor
Infrastructure layersData centers + power infrastructure + cloud capacity + networking
Disclosed scalePlanned 800 MW data-center campus in Bundey, South Australia, with high-voltage transmission connection secured into the utility substation and energization targeted from 2028

Why it matters

The strategic read

Adds a new APAC power-and-land lane to IREN's AI cloud buildout, separate from its U.S. Childress/Sweetwater execution story and Spain grid-connected portfolio. The signed transmission connection agreement turns Australia from a hiring/geographic hint into a specific 800 MW AI-campus target with substation access, subsea-fiber positioning, 2028 energization timing and regional AI demand as the thesis.

Source-supported terms

What was disclosed

  1. 01

    IREN announced the signing of a transmission connection agreement to support a planned 800 MW data-center campus in Bundey, South Australia.

  2. 02

    IREN said the campus will have a high-voltage transmission connection secured into the utility's substation.

  3. 03

    IREN said energization is on track to commence from 2028.

  4. 04

    IREN described the project as its first announced Australian data-center campus and one of the largest in the Asia-Pacific region announced to date.

  5. 05

    The Bundey site is located approximately 78 miles northeast of Adelaide, positioning it for APAC AI demand and submarine-fiber connectivity into key demand centers.

  6. 06

    IREN said the project is expected to create more than 200 ongoing skilled jobs and more than 500 construction jobs.

  7. 07

    DCD separately reported that full project details have not been shared, but the company is building outside Adelaide in Bundey and said the site should be energized in 2028.

  8. 08

    DCD noted IREN's broader data-center pipeline has now reached 5 GW, including U.S. and Canadian sites, Spain's approximately 490 MW grid-connected Nostrum portfolio, and the new Australian campus target.

  9. 09

    DCD also tied the announcement to IREN's Microsoft customer relationship, NVIDIA's up-to-$2.1B investment right to deploy up to 5 GW of compute, and IREN's recent $3.65B investment-grade GPU financing facility.

Disclosure boundary

What is known—and what is not

Primary IREN / GlobeNewswire announcement republished by Green Stock News, plus DCD near-primary reporting. Public details include the transmission connection agreement, planned 800 MW scale, Bundey location, substation-access framing and 2028 energization target. Customer/offtake identities, capex value, grid-service pricing, full connection agreement, land-control terms, permits, EPC awards, GPU/server procurement, cooling design, fiber providers and financing package are not fully public.