IREN (IREN) Starts Consultation On 900 MW Redbank Data Center Campus

IREN (NasdaqGS: IREN) has started a community consultation for a proposed 900 MW data center campus at Redbank in New South Wales. The Redbank project is described by the company as sitting outside IREN's existing secured power portfolio for its current operations. The planned campus would be developed as a greenfield data center site rather than an expansion of IREN's current facilities. The proposed 900 MW Redbank data center campus outside IREN's secured-power portfolio is only one piece of today's story. We have also spotted 4 warning signs (3 major) worth knowing about at IREN. For readers tracking how large computing buildouts reshape power sourcing and infrastructure demand, the wider trend is worth exploring via 92 AI infrastructure stocks.