IREN Ltd Plans 800MW Data Center Campus in South Australia and Signs Transmission Connection Agreement
IREN Ltd announced plans to develop an 800 MW data center campus in South Australia. The company also signed a transmission connection agreement for this project, which positively impacted its stock price, rising 4% during the U.S. market open and 6.87% in pre-market trading. This development reflects IREN's expansion in infrastructure and energy transmission capabilities.