Iris Energy secures US$50 million equipment financing
Iris Energy is pleased to announce that it has achieved financial close on a US$50 million equipment financing facility with a respected North American institution. The facility will be applied…
Iris Energy uses computers powered by renewables
to secure the Global bitcoin network.
Computing infrastructure assets
Network security support to a Bitcoin mining pool
Daily Bitcoin and transaction fees to Iris Energy
Bitcoin to cash
Positioned to be the global leader in sustainable bitcoin mining.
Iris Energy’s positioning at the lower end of the bitcoin mining cost curve allows it to benefit from high-cost producers getting squeezed if the bitcoin price falls.
Long-term security or ownership of land, electrical infrastructure, proprietary data centre design & construction. Proven business model delivers real-time cash yields and upside exposure to the growth of bitcoin.
Core focus on low-cost renewables, sustainable integration with networks and supporting regional communities. 5-year energy plan provides optionality to fully control energy value chain and drive cost advantage – unrivalled management team to execute.
Near-term 500MW+ growth pipeline across several high quality, low-cost sites in Western Canada, Central USA and Asia-Pacific.
Industry leading team with track record of success across energy, infrastructure, renewables, finance, digital assets and data centres.
Iris Energy is led by an experienced and successful team.
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5 February 2021
San Francisco, CA — February 5, 2020 — Arctos Capital, a commercial lender with offices in San Francisco, CA and Calgary, AB, has closed an equipment financing transaction with an emerging…