IREN eyes Australian data centre expansion in 2028 — Capital Brief
Printed
by
for personal, non-commercial use only.
For other rights, contact
licensing@capitalbrief.com.
The data centre company has confirmed plans to invest billions back into Australia.
Australian data centres are now publicly part of IREN’s growth plan.
PJ McDonnell/Shutterstock.
Nasdaq-listed IREN CEO Daniel Roberts has announced plans to operate data centres in Australia as part of its global expansion from 2028, despite previously being highly critical of local red tape.
The former Macquarie banker and North Shore Bombers footy coach told analysts on Friday morning (AEST) that “Australia is obviously not a new idea for us” following the release of neocloud’s Q3 earnings.
“We have been progressing large scale Australian projects towards secured grid access for some time, and we think the opportunity here is as significant as anywhere in our portfolio,” he said.
Industry group Data Centres Australia CEO Belinda Dennett told Capital Brief that the expected return of the nearly USD23 billion ($31.9 billion) market cap business to its founding country typifies that “the opportunity for Australia is right here, right now”.
Topics:
NASDAQ:IREN,
Data centres,
Enterprise tech,
Artificial intelligence
Sign up to The Edition
Sign up to The Edition
Signed up to The Edition
Sign up to Standup
Sign up to Standup
Signed up to Standup
© 2026 Capital Brief Pty Ltd
Close
Your email address will be stored in accordance with our
privacy policy.