jain.com

Horizon 1 target completion

Company: IREN

Subject kind
facility timeline
Statement date
2025-02-11
Promised by
2025-12-31
Promised amount
75.0 MW
Current status
outcome unconfirmed

What the later record shows

Outcome not yet confirmed

Through November 2025 Horizon 1 was still under construction and had been folded into a larger Horizon 1-4 build for Microsoft. No passage reports its completion or a missed deadline.

“Horizon 1, a 50MW liquid-cooled AI data center, set for delivery in Q4 2025”
2025-06-29 · iren 8-K exhibit (a50ehsupdate_vff.htm) View cached copy (2026-10-11)Live source ↗
“Accelerating construction of Horizon 1-4 (200MW critical IT load) liquid-cooled data centers for Microsoft”
2025-11-05 · iren 8-K exhibit (q1fy26resultspressreleas.htm) View cached copy (2026-09-27)Live source ↗

Checked October 20, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

IREN targets completion of the 75MW Horizon 1 liquid-cooled data center at Childress in H2 2025.

Source (primary)

iren 8-K exhibit (q2fy25resultspressreleas.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-20)Live source ↗

Quote: “Target completion H2 2025”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms iren 8-K exhibit (q2fy25resultspressreleas.htm)

Quote: “Target completion H2 2025”

View cached copy (2026-10-20)Live source ↗

Record of changes

October 20, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 20, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.