Latest Data Centres News

NEXTDC reports a significant 30% jump in contracted utilisation to 228MW, driven by strong AI deployments in Victoria, prompting a $100 million increase in FY25 capital expenditure guidance.

HMC Capital has unveiled an ambitious plan to grow its assets under management to over $50 billion within the next 3-5 years, supported by strong fundraising and diversified investment verticals. The company’s FY25 outlook remains solid, underpinned by operational growth and strategic initiatives across real estate, digital infrastructure, and energy transition.

Green Critical Minerals has secured a formal sample request from a leading European thermal management provider, marking a significant step in commercialising its VHD Graphite technology across multiple high-demand sectors.

Earth’s Energy Limited reports progress on South Australian geothermal projects with promising feasibility study results, while navigating executive transitions and shareholder governance challenges.

TZ Limited reported a challenging Q3 FY2025 with a $1.03 million net cash outflow amid US tariff disruptions but strengthened its SaaS base through the Keyvision acquisition, positioning for a rebound and growth in FY2026.

AXP Energy has completed a successful 60-day gas-to-power trial at its Pathfinder Field, delivering 1.5 MW of off-grid power and generating maiden natural gas revenue. The company is accelerating its expansion plans, backed by NASDAQ-listed BitFuFu, aiming to scale operations to 25 MW by year-end.

KALiNA Power has advanced its Canadian AI data centre power portfolio with strategic site sales, partnerships, and a $1.5 million capital raise to fund development milestones.

Green Critical Minerals has fast-tracked its VHD Graphite pilot plant commissioning, producing prototype blocks with record-breaking density and thermal performance, while securing strategic partnerships and advancing key projects.

DXN Limited reported a modest 2% revenue increase to $2.5 million in Q3 FY25, launched its Data Centre as a Service division with a $3.6 million initial contract, and progressed a key acquisition valued at $10 million, positioning itself for growth despite some project delays.

Goodman Group reports a robust 8% increase in 1H25 operating profit to $1.22 billion and launches a $4 billion equity placement to fund its ambitious data centre growth strategy across global metro hubs.

Goodman Group delivered a robust half-year performance with operating profit up 8.4% and statutory profit swinging to a $799.8 million gain. The industrial property giant also announced a $4 billion equity raise to fuel its expanding data centre and logistics developments.

HMC Capital has reported a record half-year financial performance for 1H FY25, driven by explosive growth in private equity and digital infrastructure platforms, alongside ambitious fundraising initiatives in energy transition.