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Centuria and ResetData Secure 7MW CDC Capacity, $165M Macquarie Facility to Fund GPU Rollout

By: IDCNOVARegion: Oceania
Centuria Capital Group (CCG) and its AI cloud subsidiary ResetData have taken a significant step in their Australian data center expansion by signing a Master Services Agreement with CDC Data Centres to lease 7MW of capacity. The agreement includes an option to expand to 10MW under a separate Letter of Intent, though the specific CDC facility has not been disclosed. This deal marks the latest move in Centuria's broader push into AI infrastructure, a strategy that began with its acquisition of a 50 percent stake in ResetData in August 2024 for up to $21 million.

The companies have also secured a US$165 million bridge facility from Macquarie Bank, which will fund what the firms describe as "staged Nvidia GPU procurement and deployment across Centuria-owned and third-party facilities." According to CCG, GPUs for a portion of the initial CDC deployment have already been ordered, with revenue generation expected to begin in the second half of 2027. The financing complements the AU$300 million (US$211 million) equity raise Centuria completed in June 2026, which was earmarked for deployment-related costs and obligations tied to project financing arrangements.

Beyond the capacity agreement and financing, CCG and ResetData have purchased 72MW of dedicated power generation units for Centuria's data center developments, which are projected to exceed 250MW in total when fully realized. The power units are expected to come online from early 2028, addressing one of the most critical constraints in the AI infrastructure sector. Centuria joint CEOs John McBain and Jason Huljich emphasized the strategic importance of the moves, stating that Macquarie's facility, together with the recent equity raise, "enhances the Group's flexibility to fund growth and respond to customer demand and deployment opportunities."

ResetData's joint CEOs, Bass Salah and Marcel Zalloua, highlighted the challenge of aligning power, capacity, GPUs, and funding within customer timeframes. "Customer demand continues to build," they said, adding that the outcomes announced today "materially improve ResetData's ability to convert existing customer opportunities into contracted deployments." The companies are also progressing with AI-F1, touted as Australia's first public "AI factory" and AI marketplace, powered by Nvidia H200 GPUs and located at Centuria's 818 Bourke Street data center in Melbourne. This week, ResetData confirmed it had ordered the remaining GPUs for AI-F1 Stage 2, with financing supported by Dell Financial Services and a Centuria parent company guarantee.

Centuria's broader data center portfolio includes a Telstra-operated facility in Melbourne, a Fujitsu-occupied site in Perth, and a recently acquired property in Queensland. The firm is actively looking to expand its Melbourne and Queensland sites while repurposing several industrial warehouse locations for data center use. Additionally, Centuria has executed a strategic Memorandum of Understanding with an unnamed "investment-grade customer" to potentially procure approximately 2MW of capacity in a staged deployment across its owned facilities.

CDC Data Centres, founded in 2007 and backed by investment firm Infratil, operates nearly 20 sites across Sydney, Canberra, Melbourne, and Auckland, New Zealand. This partnership reflects the accelerating demand for AI-ready infrastructure in the Australasian region, as investors and operators race to secure power, capacity, and compute to meet surging enterprise and hyperscale demand.