IREN adds 4% premarket as company unveils 800MW Australian AI data center campus
IREN has announced plans for an 800MW data center campus in South Australia, marking a significant investment in AI infrastructure. The project is expected to create over 700 jobs and is set to begin energization in 2028, pending regulatory approvals. Shares of IREN rose approximately 4% in pre-market trading following the announcement.
- ▪IREN plans to develop an 800-megawatt data center campus in South Australia, one of the largest AI infrastructure projects in the Asia-Pacific region.
- ▪The project has secured a high-voltage grid connection capable of supporting up to 800MW of power without major network upgrades.
- ▪The campus is expected to create more than 500 construction jobs and over 200 permanent skilled positions once operational.
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| Publication time | Wed, 03 Jun 2026 13:01:01 +0000 |
| Retrieval time | 2026-06-03T13:12:07.669Z |
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MarketsShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailIREN adds 4% premarket as company unveils 800MW Australian AI data center campusThe AI infrastructure firm secured a grid connection for a planned South Australian campus, with energization targeted for 2028.By James Van Straten, AI Boost|Edited by Stephen Alpher Jun 3, 2026, 1:01 p.m. 1 min readMake preferred on What to know: IREN announced plans for an 800MW data center campus in South Australia, one of the largest AI infrastructure projects announced in the Asia-Pacific region.Shares rose about 4% in pre-market trading.IREN (IREN) shares rose more than 4% in pre-market trading on Wednesday after the company announced plans for an 800-megawatt data center campus in South Australia, marking its first major…
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