Australasian real estate fund manager, Centuria Capital Group, together with ResetData – in which Centuria holds a 50 per cent interest – has significantly progressed additional power, deployment capacity, GPU financing and customer milestones to support ResetData’s next stage of growth, according to Centuria’s press release today.
Among the many achievements is the Master Services Agreement (MSA) signed between ResetData and CDC Data Centres. Under the MSA, ResetData will provide an initial allocation of 7MW, expandable to 10MW. GPUs have been ordered for the initial deployment with revenue anticipated in 2H FY27.
Centuria also secured 72MW expandable by a further 30MW of power capacity for its 250MW+ pipeline data centre developments. This will help bring forward deployment timelines by about two years and increase deployments from early 2028.
To finance the GPU deployment, Centuria has executed facility documentation with Macquarie Bank’s Specialised and Asset Finance Division for A$165 million of senior bridge GPU financing. This complements ResetData’s existing Dell Financial Services partnership and supports staged NVIDIA GPU procurement and deployment across Centuria-owned and third-party facilities. Another source of financing comes from Centuria’s A$300 million equity raising in June in which the proceeds will be used to fund deployment-related costs.
Centuria and ResetData continue to progress discussions with third-party data centre operators on providing additional deployments and power capacity.
Among the achievements is the signing of a Memorandum of Understanding (MOU) between Centuria and an investment-grade customer to potentially procure about 2MW of capacity in a staged deployment in Centuria-owned data centre facilities.
ResetData has also ordered the remaining GPUs required for AI-F1 Stage 2, following successful deployment of its initial infrastructure. Multiple customer opportunities are progressing in parallel, supporting completion of the AI-F1 capacity build-out. Meanwhile, financing remains in place through Dell Financial Services, supported by a Centuria parent company guarantee.
Customer enquiries continue to exceed ResetData’s near-term sovereign AI compute capacity, with revenue commencement on track for 2H FY27.
John McBain and Jason Huljich, Centuria Joint CEOs, said, “Today’s announcement marks significant progress since Centuria and ResetData announced our AI and digital infrastructure growth initiatives as part of an equity raise in June. Macquarie’s facility, together with Centuria’s recently completed A$300 million equity raise, enhances the Group’s flexibility to fund growth and respond to customer demand and deployment opportunities.”
Julian Liddy, Executive Director in Macquarie’s Specialised and Asset Finance division, part of Macquarie Group’s Commodities and Global Markets business, said “As demand for AI compute continues to accelerate across the APAC region, access to scalable GPU infrastructure is becoming increasingly important. We are pleased to provide this debt facility to ResetData and Centuria, leveraging our global expertise in GPU financing to help enable the deployment of critical AI and cloud infrastructure across the region.”
Bass Salah and Marcel Zalloua, ResetData Joint CEOs, said “Customer demand continues to build. The key challenge is bringing together power, data centre capacity, GPUs and funding within customer timeframes. The outcomes announced today materially improve ResetData’s ability to convert existing customer opportunities into contracted deployments.”