Macquarie said that total capex is expected to increase by $40 to $50 million this financial year, totalling $180 to $200 million, with the contract win “anticipated to create hundreds of new jobs over the year ahead”.
“We’re pleased to welcome the contract with this leading corporation and to provision 10MWs of IT load at IC3 East, our newest data centre located in the Sydney North Zone – and Australia’s answer to Silicon Valley – an area known for its cloud ecosystems and connectivity,” said David Hirst, Group Executive at Macquarie Data Centres.
"The IC3 East build is progressing well and we continue to expect completion in February 2021, on time and in budget. To secure an anchor tenant before the build is complete is testament to the quality of the MDC team and our strategy. Over 1MW of wholesale and corporate capacity remains available at opening on one whole floor with further options to expand within IC3 East.
“Today’s announcement furthers Sydney’s position as a regional data centre hub and Macquarie Data Centres as a significant operator in the market,” Hirst concluded.
David Tudehope, Chief Executive at Macquarie Telecom Group said, “Macquarie's 20-year strategy of investing in world class data centres is based on strong demand for data centre capacity as customers migrate to cloud and colocation services. This customer win recognises the world class investment we have made in the Macquarie Park Data Centre Campus in Sydney's North Zone."
Macquarie says “this leading corporation’s contract details cannot be disclosed for confidentiality reasons”, but it will provide updated guidance on the associated capital expenditure in an upcoming investor briefing later this month.
To view Macquarie’s ASX announcement on the contract win click here.