By Katherine Hamilton
Iren shares rose after the company announced a data center campus in Australia.
The stock advanced 5.8% to $70.49 in pre-market trading Wednesday. Through Tuesday's close, shares were up 76% this year.
The data center owner and operator said it has signed a transmission connection agreement to support a planned 800-megawatt data center campus in Bundey, South Australia.
The project marks Iren's first Australia data center project and one of the biggest of its kind in the Asia-Pacific region.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
June 03, 2026 08:38 ET (12:38 GMT)
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