Latest Data Centre Development News

NEXTDC urges eligible retail shareholders to participate in its A$1.5 billion entitlement offer, priced at a 10.9% discount, with a top-up facility available. The retail offer closes on 11 May 2026, following recent senior debt commitments that bolster its growth plans.

NEXTDC has locked in A$1.8 billion in new senior debt commitments, lifting its total senior debt capacity to A$8.2 billion and pro forma liquidity to about A$8.4 billion. The fresh capital will underpin ongoing data centre development and recent contract wins, with financial close targeted for July 2026.

Galilee Energy has transformed its Zydeco Gas Project in Louisiana into a drill-ready asset, aiming for a Q2 2026 spud and first production within six months of success.

NEXTDC has priced and allocated a A$750 million subordinated wholesale notes offer at a floating rate of 3-month BBSW plus 350 basis points, enhancing its liquidity position amid an ambitious A$2.2 billion capital plan.

NEXTDC has boosted its pro forma contracted utilisation by 60% to 667MW, prompting a A$1.5 billion entitlement offer and an expanded capital plan to accelerate its Western Sydney data centre developments.

Stockland has formalised a 50/50 partnership with EdgeConneX to develop and operate a portfolio of hyperscale data centres across Australia, blending local property expertise with global data centre know-how.

Eden Innovations is investing in new R&D equipment to enhance its carbon nanotube concrete technology, targeting the booming AI data centre market with improved heat dissipation and electromagnetic shielding.

Goodman Group reported a slight dip in operating profit for the half year ended 31 December 2025, while statutory profit rose and the total portfolio value expanded to $87.4 billion. The group maintained its interim distribution at 15 cents per security amid ongoing investment in logistics and digital infrastructure.

Greenwing Resources updates its strategy for the Que River Project, combining a renewed mining push with an innovative plan to develop digital infrastructure on site.

1414 Degrees has made significant strides in developing its Aurora Energy Precinct, securing crucial regulatory approvals for its battery storage system and progressing its battery materials and hydrogen technologies.

Pilot Energy has made significant strides in Q4 2025 with the launch of a modular data centre joint venture, progress on a hybrid solar and battery project, and advancement of offshore gas exploration partnerships, supported by substantial new financing.

KALiNA Power has strengthened its financial position by selling a 180 MW load allocation for C$18 million, while advancing its Alberta gas-fired power projects amid evolving regulatory frameworks.