Childress power supply agreement addendum
Company: IREN
The claim, verbatim
IREN signed an addendum to the Childress Power Supply Agreement on 23 August 2024 allowing electricity purchases at spot price based on actual usage, paying a $7.2 million liquidation payment to exit fixed-price positions.
Source (primary)
iren 8-K exhibit (iren-20241231_d2.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-20)Live source ↗
Quote: “An addendum to the PSA was signed on 23 August 2024 which allows for the purchase of electricity at spot price based on actual usage”
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 (iren-20241231_d2.htm)
Quote: “An addendum to the PSA was signed on 23 August 2024 which allows for the purchase of electricity at spot price based on actual usage”