Latest Data Centre Market News

X2M Connect has landed its first binding contract to deliver a GPU-accelerated AI data centre in Australia, marking a major step into a booming $190 billion market with a project valued at over $250 million.

DXN Limited has landed a A$12.2 million contract to deliver a 2MW AI High-Performance Computing modular data centre, expanding its AI HPC order book to about A$21 million and positioning the company for further growth in a booming market.

DigiCo Infrastructure REIT (ASX: DGT) beats FY26 EBITDA guidance with $127 million, appoints Simon Mitchell and Ralph Goninan as Co-Heads, and accelerates its SYD1 data centre expansion amid strong Australian market demand.

SKS Technologies has delivered a third consecutive year of record growth, lifting FY26 revenue to $348 million and net profit by 93%, driven by a surge in data centre projects and strategic acquisitions.

Goodman Group has locked in a 20-year lease with a global hyperscale customer for the initial 50 MW phase of its Tsukuba Tech Central data centre campus in Greater Tokyo, setting the stage for a major digital infrastructure hub ready by early 2028.

IPD Group reported record FY26 results, driven by robust data centre expansion and the Platinum Cables acquisition, delivering earnings above guidance and declaring a higher dividend.

SciDev Ltd has landed its first contracts in the data centre sector, targeting water recycling and treatment services for two major Australian hyperscale operators. The deals are expected to generate around $0.5 million in revenue in the first half of FY27, marking a strategic step into a high-growth market.

KALiNA Power has strengthened its foothold in Alberta’s booming AI data centre sector, securing a C$18 million load sale to Meta alongside key regulatory reforms that enhance project flexibility and commercial prospects.

SKS Technologies has landed a $28 million early works contract for the MEL2 hyperscale data centre in Melbourne, boosting its FY27 order book to $312 million amid a surging Australian data centre pipeline.

Mayfield Group Holdings is set to acquire Nilsen's Switchboards Division for $4 million, adding 66 skilled employees and the N-Series product platform to boost manufacturing capacity and revenue.

Adrad Holdings is investing $3 million to build a second factory in Thailand, aiming to boost capacity for its Heat Transfer Solutions business and streamline operations.

CDC’s independent valuation jumped 23.6% to a mid-point of A$18.5 billion, propelled by contracted capacity exceeding 1GW and a major pipeline expansion to 3.9GW. Infratil’s nearly 50% stake now values at over A$9.2 billion.