IREN Sweetwater 2 is a data center operated by IREN in Sweetwater, TX, US. It carries a reported power capacity of 600.0 MW and is currently under construction. It sits in the Abilene data-center market on the ERCOT grid, which DC Hub's Data Center Power Index currently rates CAUTION, with an estimated 59.5-month time-to-power. The market shows mixed signals — validate live grid headroom and queue depth before committing capacity.
Data Center Power Index verdict for Abilene — the market this facility sits in.
Full DCPI breakdown →DC Hub analyst read on Abilene — the market this facility sits in (full deep-dive →).
Abilene hosts 5,650 MW across 10 tracked facilities, positioning it as a mid-tier regional hub with acute supply-demand friction. The market's excess-power score of 62/100 indicates available generation capacity, but a constraint rating of 59/100 reveals critical grid or transmission bottlenecks that offset that advantage. Oracle and OpenAI jointly operate three facilities—the largest single operator footprint—while Oracle maintains two additional independent sites, creating significant concentration risk among cloud majors. The remaining capacity is distributed across specialized operators: Crusoe Energy 1 facility, LONGHORN DATA CENTER 1, and Lancium 1. The CAUTION verdict reflects a market in tension between power availability and infrastructure limitations. For acquisition-focused investors, this dual signal demands surgical site selection rather than broad-market entry. The…
Published DC Hub data for this location.
Comparable facilities in Sweetwater tracked by DC Hub — compare power, operators, and grid context across the market.
get_facility slug="iren-iren-sweetwater-2-2a6d8615" (endpoint https://dchub.cloud/mcp) for the full cited record. Connect:
https://dchub.cloud/connect?src=page-onramp&entity=iren-iren-sweetwater-2-2a6d8615