IREN Bundey

IREN (Iris Energy) is constructing a significant artificial intelligence data center in Bundey, South Australia. This ambitious project, with an estimated investment of $10 billion, will feature an 800 megawatt capacity, making it one of the largest in Australia. The facility is strategically located 165 kilometers north-east of Adelaide, chosen for its flat terrain, abundant renewable energy sources in South Australia, and existing electricity and fiber infrastructure.

IREN plans to leverage existing electrical infrastructure, including substations and transmission lines, to power the data center, with staged openings commencing in 2028. The development is expected to create over 500 construction jobs and more than 200 ongoing full-time positions. This initiative aims to strengthen South Australia's role as a technology and innovation hub for the Asia-Pacific region, potentially servicing the growing demand in that market.