Four 50MW Horizon deployments in 2026
Company: IREN - Project: Childress
The claim, verbatim
Four 50MW Horizon deployments (200MW total) scheduled for delivery in 2026 under the Microsoft contract, with the first (Horizon 1) already accepted
Source (primary)
IREN Rallies 6% as Microsoft Signs Off on Horizon 1, NVIDIA Grants Exemplar Cloud Status - 24/7 Wall St. (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “Horizon 1 is the first of four 50MW deployments due in 2026 under a five-year, $9.7 billion cloud services agreement”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document states four 50MW deployments are due in 2026, references the 200MW contracted by Microsoft, and confirms Horizon 1 was accepted.
Confirmed in the source:
- Four 50MW Horizon deployments are due in 2026 under the Microsoft contract
- The four deployments total 200MW contracted by Microsoft
- Horizon 1, the first deployment, has already been accepted
What we did: Read our cached copy of the publisher (https://247wallst.com/investing/2026/08/13/iren-rallies-6-as-microsoft-signs-off-on-horizon-1-nvidia-grants-exemplar-cloud-status/) in full (13,930 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN Rallies 6% as Microsoft Signs Off on Horizon 1, NVIDIA Grants Exemplar Cloud Status - 24/7 Wall St.
Quote: “Horizon 1 is the first of four 50MW deployments due in 2026 under a five-year, $9.7 billion cloud services agreement”