Horizon 1 AI Data Center at Childress, Q4 2025 delivery
Company: IREN - Project: Childress
What the later record shows
Outcome not yet confirmed
After Q4 2025, Horizon 1 is folded into the Microsoft Horizon 1-4 build, described as phases 'through 2026' and still under development in 2026 filings. No passage states whether Horizon 1 was delivered by December 31, 2025 or that it slipped.
“4 x 50MW (IT load) phases at Childress through 2026 (Horizon 1 - 4)”
2025-11-02 · iren 8-K exhibit (ef20058139_ex99-2.htm) View cached copy (2026-09-27)Live source ↗
“We are currently undertaking an expansion of our data center capacity at Childress to support direct-to-chip liquid cooling GPU deployments known as “Horizon 1,””
2026-02-04 · IREN 10-Q filed 2026-02-05 View cached copy (2026-08-31)Live source ↗
Checked October 13, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
The Horizon 1 AI Data Center at Childress, with up to 50MW of IT load, remains on track for delivery in Q4 2025. Long-lead equipment is arriving in line with initial expectations.
Source (primary)
iren 8-K exhibit (ex991may2025monthlyupdat.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-13)Live source ↗
Quote: “Horizon 1 on track for Q4 2025 delivery, with long lead equipment continuing to arrive in line with initial expectations”
How we checked this
Checked on October 15, 2026. The cited source supports every part of this claim.
The update says Horizon 1 at Childress (up to 50MW IT load) is on track for Q4 2025 delivery, with long-lead equipment arriving as initially expected.
Confirmed in the source:
- The Horizon 1 AI Data Center is at Childress
- Horizon 1 has up to 50MW of IT load
- Horizon 1 remains on track for delivery in Q4 2025
- Long-lead equipment for Horizon 1 is arriving in line with initial expectations
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1878848/000187884825000045/ex991may2025monthlyupdat.htm) in full (23,643 characters, retrieved October 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms iren 8-K exhibit (ex991may2025monthlyupdat.htm)
Quote: “Horizon 1 on track for Q4 2025 delivery, with long lead equipment continuing to arrive in line with initial expectations”