Horizon 1 customer negotiations
Company: IREN - Project: Horizon
The claim, verbatim
IREN says several prospective Horizon 1 customers are in due diligence and contract negotiations, and that customer interest goes beyond the initial 50MW.
Source (primary)
iren 8-K exhibit (q3fy25resultspressreleas.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-15)Live source ↗
Quote: “Several customers undergoing due diligence and contractual negotiations”
How we checked this
Checked on October 17, 2026. The cited source supports every part of this claim.
The press release lists both points under Horizon 1's commercial rationale: several customers are in due diligence and contract negotiations, and interest extends beyond the initial 50MW.
Confirmed in the source:
- IREN says several customers are undergoing due diligence and contractual negotiations for Horizon 1
- IREN says customer interest extends beyond Horizon 1's initial 50MW
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1878848/000187884825000043/q3fy25resultspressreleas.htm) in full (26,110 characters, retrieved October 15, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms iren 8-K exhibit (q3fy25resultspressreleas.htm)
Quote: “Several customers undergoing due diligence and contractual negotiations”