SHAPE Australia wins A$800 million DigiCo data centre expansion deal
SHAPE Australia said it won a nearly A$800 million contract from ASX-listed DigiCo to expand the SYD1 data centre campus in Sydney.
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what happened
SHAPE Australia said on Thursday that ASX-listed DigiCo Infrastructure REIT has awarded it a contract worth nearly A$800 million ($557.60 million) to expand the SYD1 data centre campus in Sydney. The information comes from SHAPE Australia's own statement.
The exchange rate used was $1 = 1.4347 Australian dollars.
why it matters
Large data centre construction contracts reflect rising demand for computing capacity in Australia. For markets, this signals investment activity in the data infrastructure sector rather than a direct effect on the currency.
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- SHAPE Australia wins $558 million DigiCo data centre expansion contract — Newsmetry API, 14 October 2026 at 21:48 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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