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Centuria and ResetData accelerate 250MW+ AI and digital pipeline

New debt facility and recent equity funding secure GPU procurement

photo of Marcel, Bass_Jason Huljich, John McBain

  • CDC Data Centres signed Master Services Agreement, initial 7MW allocation and Letter of Intent for an increase to 10MW1
  • Accelerating c. 10MW of capacity within a Centuria data centre, with potential to fast-track up to an additional 20MW of capacity
  • 72MW of power generation units secured for delivery in 2028 with multi-site optionality
  • $165 million Macquarie Bank Limited (“Macquarie Bank”) GPU bridge financing facility executed
  • Customer enquiries continue to exceed near-term deployment capacity
  • Customer revenue commencement remains on track for 2H27

Australasian real estate fund manager, Centuria Capital Group (ASX: CNI or “Centuria”), together with ResetData – in which Centuria holds a 50% interest – has significantly progressed additional power, deployment capacity, GPU financing and customer milestones to support ResetData’s next stage of growth.ResetData has signed a Master Services Agreement (MSA) with CDC Data Centres, providing an initial allocation of 7MW, with a Letter of Intent supporting an increase to 10MW 1. GPUs have been ordered for a portion of the initial CDC deployment. Revenue is anticipated from the initial order in 2H FY27, with the ability to expand deployment and revenue as customer demand converts into contracted capacity.

The Group also secured 72MW of dedicated power generation units for Centuria’s data centre developments within its broader 250MW+ infrastructure pipeline. Fast-tracking this long-lead-time infrastructure, together with the potential to accelerate a further 30MW of power capacity, brings forward deployment timelines by approximately two years and provides a pathway for additional customer deployments within Centuria data centres from early 2028.

To support near term GPU deployment into the Group’s data centre capacity, the Group has executed facility documentation with Macquarie Bank’s Specialised and Asset Finance Division for $165 million of senior bridge GPU financing. This bridge facility complements ResetData’s existing Dell Financial Services partnership and supports staged NVIDIA GPU procurement and deployment across Centuria-owned and third-party facilities.The Macquarie facility enhances ResetData’s ability to fund growth and respond to customer demand and deployment opportunities.

Proceeds from the Group’s June equity raising will be used to fund deployment-related costs and support obligations associated with project financing arrangements2.

John McBain and Jason Huljich, Centuria Joint CEOs, said, “Today’s announcement marks significant progress since Centuria and ResetData announced our AI and digital infrastructure growth initiatives as part of an equity raise in June. Macquarie’s facility, together with Centuria’s recently completed $300 million equity raise, enhances the Group’s flexibility to fund growth and respond to customer demand and deployment opportunities.”

Julian Liddy, Executive Director in Macquarie’s Specialised and Asset Finance division, part of Macquarie Group’s Commodities and Global Markets business, said “As demand for AI compute continues to accelerate across the APAC region, access to scalable GPU infrastructure is becoming increasingly important. We are pleased to provide this debt facility to ResetData and Centuria, leveraging our global expertise in GPU financing to help enable the deployment of critical AI and cloud infrastructure across the region.”

Additionally, the Group has executed a strategic Memorandum of Understanding (MOU)3  with an investment-grade customer to potentially procure approximately 2MW of capacity in a staged deployment in Centuria-owned data centre facilities.

Customer enquiries continue to exceed ResetData’s near-term sovereign AI compute capacity, with multiple opportunities progressing through commercial, technical and contracting discussions. Customer revenue commencement remains on track for 2H FY27.

Bass Salah and Marcel Zalloua, ResetData Joint CEOs, said “Customer demand continues to build. The key challenge is bringing together power, data centre capacity, GPUs and funding within customer timeframes. The outcomes announced today materially improve ResetData’s ability to convert existing customer opportunities into contracted deployments.”

Centuria and ResetData continue to progress discussions with leading third-party data centre operators regarding additional deployment opportunities and power capacity.

ResetData has also ordered the remaining GPUs required for AI-F1 Stage 2, following successful deployment of its initial infrastructure. Multiple customer opportunities are progressing in parallel, supporting completion of the AI-F1 capacity build-out. Financing remains in place through Dell Financial Services, supported by a Centuria parent company guarantee.

CNI reaffirms its FY26 guidance and will provide a Group update at its FY26 annual results on Thursday, 27 August 2026.

1. Under the Letter of Intent, CDC Data Centres has reserved for ResetData 3 MW of capacity for a period of six weeks (expiring at the start of September 2026). If the parties don’t agree a binding order form for the reserved capacity during this period, the Letter of Intent will terminate, and the 3 MW allocation will not proceed.

2. Centuria Capital may also provide contingent parent company guarantee support in connection with the Macquarie GPU bridging facility, subject to customer contracting, senior debt refinancing and facility conditions.

3. The Memorandum of Understanding is non-binding and subject to the negotiation and execution of binding commercial agreements.

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