Horizons 3 and 4 liquid-cooled data center facilities delivery
Company: IREN - Project: Horizon
The claim, verbatim
Horizons 3 and 4, two 50-megawatt liquid-cooled IT facilities, are targeted for delivery in the fourth quarter of 2026
Source (primary)
IREN Has $4B of Contracted ARR, but Only $1B Is Operating. How Much Will Reach GAAP Revenue? - Yahoo Finance (-, news_article)
View cached copy (2026-09-01)Live source ↗
Quote: “Horizons 3 and 4 were in late-stage construction, targeting delivery in the fourth quarter of calendar 2026”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The article says Horizon 1 is the first of four 50-megawatt IT-load liquid-cooled deployments. It also says Horizons 3 and 4 were in late-stage construction and targeted for delivery in the fourth quarter of calendar 2026.
Confirmed in the source:
- Horizons 3 and 4 are part of four 50-megawatt IT-load liquid-cooled deployments
- Horizons 3 and 4 are targeted for delivery in the fourth quarter of calendar 2026
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/iren-4b-contracted-arr-only-034434431.html) in full (10,787 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN Has $4B of Contracted ARR, but Only $1B Is Operating. How Much Will Reach GAAP Revenue? - Yahoo Finance
Quote: “Horizons 3 and 4 were in late-stage construction, targeting delivery in the fourth quarter of calendar 2026”