PGIM acquires 20.7ha Melbourne site for AUD 1.2bn data centre campus
US-based asset manager PGIM has acquired a 20.7-hectare site in Melbourne’s west for a planned data centre campus, marking the first Australian investment for its USD 2 billion (AUD 2.8 billion) Global Data Centre Fund. The site, at 1 Oroya Drive in Truganina, was acquired on behalf of the fund and will form part of […]
Centuria adds AUD 60.2m in DC assets, lodges plans for 40MW Melbourne site
Centuria Industrial REIT has expanded its exposure to Australia’s data centre market with AUD 60.2 million of acquisitions and the submission of a development application for a new 40MW facility in Melbourne, as part of its HY26 results. The listed industrial landlord acquired a AUD 30 million data centre in Wellcamp, Queensland, secured on a […]
Google signs new PPAs with TotalEnergies to power data centers
Google has signed two long-term power purchase agreements (PPAS) with TotalEnergies to power its data centers in Texas with 1 GW of solar capacity over 15 years. The power will come from two solar projects under development in Texas: the 805 MWp Wichita site and the 195 MWp Mustang Creek site. Construction is scheduled to […]
Paper explores engagement models for Australia’s data centre expansion
A new academic paper by UTS Transdisciplinary School academic Dr Bronwyn Cumbo argues that participatory design could provide a structured way for local governments and communities to engage with Australia’s rapidly expanding data centre sector, as state governments accelerate support for new developments. The paper, Opportunities for Participatory Design in Shaping Australia’s Data Centre Futures, […]
Firmus secures USD 10bn Blackstone-led deal to scale AI factories
Firmus Technologies has secured a USD 10 billion private debt financing facility led by funds managed by Blackstone, with support from Coatue, as the company moves to scale its national AI infrastructure platform. The financing is among the largest private debt transactions in Australian corporate history and will fund the next phase of Project Southgate, […]
Firmus extends investment in AI infrastructure supply chain
Australian AI factory developer and operator Firmus Technologies has secured a strategic equity investment from Maas Group Holdings, deepening its commitment to developing an Australian-based supply chain for AI infrastructure and reducing reliance on overseas manufacturing. Announced in Sydney, the investment aligns Maas with Firmus’s long-term strategy to localise the design and production of core […]
NSW parliamentary inquiry puts data centre growth under the microscope
A New South Wales parliamentary inquiry has been launched to examine the rapid expansion of data centres across the state, with a remit that spans planning policy, infrastructure readiness, environmental impacts and economic outcomes. The inquiry, led by the NSW Legislative Council’s Public Accountability and Works Committee, will assess whether the state is adequately prepared […]
Victoria claims AI could add AUD 30 bln to economy over next decade
The Victorian state government has released a new AL mission statement that sets out an ambition to position the state as Australia’s leading AI hub, backed by targeted public investment and a strong emphasis on data centre infrastructure. The strategy claims AI could contribute up to AUD 30 billion in additional gross state product over […]
Spark completes sale of 75% stake in data centre business to Pacific Equity Partners
Spark New Zealand has completed the sale of a 75% stake in its data centre business to Australian private equity firm Pacific Equity Partners (PEP), formally carving the assets out into a new standalone company named TenPeaks Data Centres. The transaction, first announced in August 2025, values the data centre business at up to NZD […]
WinDC and Megaport partner on renewable-powered sovereign AI infrastructure
Australian AI infrastructure provider WinDC has announced a strategic partnership with network-as-a-service provider Megaport to connect renewable-powered “AI Factories” directly to Megaport’s global NaaS platform. The companies say the partnership will allow high-density AI compute deployed at solar, wind and hydro generation sites to be accessed by organisations across Australia and internationally, while running behind […]