Centuria, ResetData advance AI data centre rolloutBY VINNY VUCAGO | THURSDAY, 13 AUG 2026 11:43AMCenturia Capital Group and AI infrastructure business ResetData have partnered with CDC Data Centres to develop AI data centre infrastructure. The entities have secured new power capacity and $165 million in GPU financing. Centuria, which holds a 50% interest in ResetData, said the developments build on initiatives outlined during its June 2026 equity raising and are intended to support the next stage of business. ResetData has signed a Master Services Agreement with CDC Data Centres for initial 7MW allocation, alongside a letter of intent supporting an increase to 10MW. The agreement provides a pathway to expand deployment and revenue as customer demand converts into contracted capacity, with revenue commencement remaining on track for the second half of FY27. The group has also secure 72MW of dedicated power generation units for delivery in 2028, with multi-site optionality. Centuria said the infrastructure could fast-track additional power capacity and bring forward deployment timelines by around two years. The companies have also executed documentation with Macquire Bank for $165 million in senior bridge GPU financing facility. The facility will support staged Nvidia GPU procurement and deployment across Centuria owned and third-party facilities, complementing ResetData's existing financing arrangement with Dell Financial Services. Centuria said customer demand continues to exceed ResetData's near-term AI compute capacity with multiple opportunities progressing through commercial, technical and contracting discussions. A strategic memorandum of understanding has also been executed with an investment-grade corporation to potentially procure about 2MW of capacity through a staged deployment in Centuria-owned data centres facilities. ResetData has ordered the remaining GPUs required for the second stage of its AI Factory (AI-F1) project, supporting completion of the facility's capacity buildout. Centuria has said its AI-F1 stage 2 deployments is targeted at 1.1MW, while existing Centuria facility has a target deployment of approximately 2.5MW. Both are targeting revenue commencement in the second half of the FY27. Centuria has reaffirmed its FY26 guidance and will provide a broader group update when it reports its annual results on 27 August 2026. Related News |
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