IREN to Advance Europe’s Sovereign AI Ambitions with 300MW Spanish Campus
Globe Newswire•21/10/2026•07:36 ET
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Key Highlights
- ➤IREN secures Badajoz civil works license for planned 300MW AI campus
- ➤Badajoz initial operations targeted for 2028
- ➤IREN establishes IREN Europe with Ángel Corcóstegui chairing its board
- ➤Roberto Purcaro appointed Executive Director for Europe
- ➤IREN plans managed AI cloud services meeting European data residency requirements
Expert Statements
Daniel Roberts, Co-Founder and Co-CEO of IREN
“For customers in Europe, sovereign AI starts with two questions: where their data sits and who’s running the infrastructure”
Daniel Roberts, Co-Founder and Co-CEO of IREN
“That’s what IREN Europe is for: our own sites, run by our own people, with a board that’s accountable in Europe. Ángel and Roberto have spent their careers building and financing infrastructure globally and in Iberia, and Badajoz is the first project in Europe.”
Ángel Corcóstegui, Chair of IREN Europe
“Spain has exceptional conditions to become a European hub for AI digital infrastructure, thanks to its excellent connectivity and abundant, competitive renewable energy”
Ángel Corcóstegui, Chair of IREN Europe
“It is an honor to chair IREN Europe and I look forward to helping execute our growth plans.”
Roberto Purcaro, Executive Director for Europe at IREN
“Badajoz is where IREN Europe begins”
Roberto Purcaro, Executive Director for Europe at IREN
“IREN develops its own sites and operates them directly, and that’s how we’ll work in Europe. Our focus from here is the campus and the customers who’ll use it.”
* Planned 300MW Badajoz campus provides foundation for European AI Cloud capacity; initial operations targeted for 2028
* IREN establishes IREN Europe, with Roberto Purcaro appointed as Executive Director for Europe, and the European board chaired by former Banco Santander CEO Ángel Corcóstegui
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