A leading artificial intelligence data centre operator founded by two Australian brothers will build one of the largest such facilities in the Asia-Pacific region, creating hundreds of new jobs.
IREN will set up the massive data centre in Bundey, South Australia, a place with no residents that's 125km northeast of Adelaide and is home to the state's biggest electricity transformers.
The facility will be connected directly to that substation and is expected to draw up to 800 megawatts - enough to power 400,000 to 800,000 homes.
It's due to open in stages, beginning in 2028, and will support 200 ongoing jobs plus another 500 during construction.
By the time it opens, IREN says, SA's grid will be completely powered by net renewable energy.