Iris Energy Executes Transformational 600MW Connection Agreement With AEP Texas, Increasing Power Capacity to 765MW (~22 EH/s¹). US$19m Security Deposit and Connection Fee Paid, Procuremen...
Iris Energy Limited (IREN)
Company Research
Source: GlobeNewswire
Highlights 600MW binding connection agreement executed with AEP Texas and $19m security deposit and connection fee paidPower capacity expected to increase from 165MW (4.6 EH/s) to 765MW (~22 EH/s1) 15.2 EH/s (~530MW) of miners previously secured; and~7 EH/s1 (~235MW) of potential additional capacity ~22 EH/s1 would represent 10%2 of the total global network hashrate if operating today300 acre freehold site (100% owned), with direct grid access located in the renewables heavy Panhandle region of Texas, USAElectrical connection expected to be completed during Q1 202315.2 EH/s execution plan now clear 4.6 EH/s (165MW) - operating and under construction (BC, Canada)10.6 EH/s (365MW) - procurement and construction activities underway (Texas) 3.0 EH/s (100MW) targeted for 202237.6 EH/s (265MW) targeted for 2023 SYDNEY, Australia, Jan. 21, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading sustainable Bitcoin miner with 15.2 EH/s of
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IREN
News
- Poolside upsizes and extends AI Cloud Services contractGlobeNewswire
- IREN Announces Monthly Investor Update for March 2024GlobeNewswire
- Iris Energy Limited (NASDAQ: IREN) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $10.00 price target on the stock.MarketBeat
- 20 EH/s expansion fully fundedGlobeNewswire
- CashFlow Hunter On Pair Trading, 3M And Iris Energy [Seeking Alpha]Seeking Alpha
IREN
Sec Filings
- 4/8/24 - Form 6-K
- 4/4/24 - Form 6-K
- 4/1/24 - Form 6-K
- IREN's page on the SEC website