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Macquarie Secures Sydney Site for a 200MW Data Center Campus
📅 - Macquarie Technology Group has exercised an option to acquire a Macquarie Park site measuring 34,200 square meters for A$240 million, advancing plans for a technology campus alongside a 200 megawatt data center development. The purchase, funded with cash and corporate debt, still faces settlement, planning, power, construction, customer and financing hurdles before operations targeted for late 2029.
The option was exercised after the site's subdivision process was completed, moving the transaction toward standard settlement over the next few weeks. For infrastructure buyers, that is the first irreversible part of a project that remains highly conditional. Macquarie now controls a large [...][... Check source for end of article ...]
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📅 - Macquarie Technology Group has exercised an option to acquire a Macquarie Park site measuring 34,200 square meters for A$240 million, advancing plans for a technology campus alongside a 200 megawatt data center development. The purchase, funded with cash and corporate debt, still faces settlement, planning, power, construction, customer and financing hurdles before operations targeted for late 2029.
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