Additional 50MW at Childress Phase 3 in 2024
Company: IREN - Project: Childress
What the later record shows
Delivered on time · happened December 31, 2024
Childress Phases 1-3 were planned at 100+100+150MW, which includes the extra 50MW. The January 2025 update shows Childress operating at 350MW, and the growth chart places the 510MW total at H2 '24. The passages do not single out the 50MW increment or its exact date.
“Additional 50MW now to be commissioned as part of Childress Phase 3”
2024-05-05 · iren 8-K exhibit (ef20028541_ex99-1.htm) View cached copy (2026-11-06)Live source ↗
“Operating (350MW) | 21.1 EH/s Under Construction H1 2025 (300MW) H2 2025 (100MW) Grid-Connected Power Secured 510MW Operating”
2025-02-05 · iren 8-K exhibit (janmonthlyupdatevff.htm) View cached copy (2026-10-20)Live source ↗
Checked November 8, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
IREN expects to commission an additional 50MW of data center capacity as part of Childress Phase 3 this year, enabled partly by a new substation design.
Source (primary)
iren 8-K exhibit (ef20027927_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-08)Live source ↗
Quote: “the Company now expects to commission an additional 50MW of data center capacity as part of Childress Phase 3 this year”
How we checked this
Checked on November 10, 2026. The cited source supports every part of this claim.
IREN's April 29, 2024 release states it expects to commission an additional 50MW at Childress Phase 3 this year and says this was enabled partly through a new substation design.
Confirmed in the source:
- IREN expects to commission an additional 50MW of data center capacity
- The additional capacity is part of Childress Phase 3
- The commissioning is expected this year (2024, per the April 29, 2024 release date)
- The additional 50MW was enabled partly through a new substation design
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1878848/000114036124022673/ef20027927_ex99-1.htm) in full (12,180 characters, retrieved November 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms iren 8-K exhibit (ef20027927_ex99-1.htm)
Quote: “the Company now expects to commission an additional 50MW of data center capacity as part of Childress Phase 3 this year”
confirms iren 8-K exhibit (janmonthlyupdatevff.htm)
Quote: “Operating (350MW) | 21.1 EH/s Under Construction H1 2025 (300MW) H2 2025 (100MW) Grid-Connected Power Secured 510MW Operating”
confirms iren 8-K exhibit (ef20028541_ex99-1.htm)
Quote: “Additional 50MW now to be commissioned as part of Childress Phase 3”