Skip to main content
Signal8

IREN to Advance Europe’s Sovereign AI Ambitions with 300MW Spanish Campus

$IRENPress releaseOct 21, 2026, 7:36 AM ETRead the release

IREN announced at NVIDIA GTC Berlin the establishment of IREN Europe and a civil works license for a planned 300MW AI data center campus in Badajoz, Spain, with initial operations targeted for 2028. The company appointed former Banco Santander CEO Ángel Corcóstegui as chair of the IREN Europe board and Roberto Purcaro, formerly of Macquarie Capital, as Executive Director for Europe. IREN entered Europe in June 2026 via the acquisition of Nostrum Group.

Key figures

Campus capacity mw
300
Target operations year
2028
Total grid power portfolio
more than 5GW

AI analysis

Red flags2 · Pro

The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.

AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.