ASX data centre stocks ready to drive growth
The data centre space has massive momentum in place driven by rapid AI adoption and other industry tailwinds which makes the following ASX companies stand out in this sector.
DigiCo Infrastructure REIT (ASX: DGT)
on 15 December declared an unfranked dividend of 6 cents per security with an ex-dividend date of 30 December and payment is scheduled on 26 February 2026 which brings the current annual yield to 6.81%.
The company announced new customer wins across its Australian data centre platform from Hyperscale, Neocloud, Enterprise and Government customers.
These wins are expected to lift Australian Contracted IT Capacity to 41MW by June 2026 which represents a significant increase from the prior target of 27MW that was provided in August 2025.
Management upgraded FY26 guidance with underlying EBITDA expected at $120 to $125 million and Group Billed IT Capacity is expected to reach at least 85MW by July 2026.
NEXTDC Limited (ASX: NXT)
on 5 December announced that it entered into a memorandum of understanding with OpenAI to work together on developing a sovereign hyperscale AI campus and large-scale GPU infrastructure at its S7 site in Sydney.
NEXTDC on 1 December reported that contracted utilisation increased by 71MW to 316MW while its forward order book grew by 53% to 205MW.
The company raised its FY26 capital expenditure guidance to a range of $2.2 billion to $2.4 billion as it accelerates capacity expansion to meet customer requirements.
The balance sheet is very strong with total assets of $5.7 billion and gearing of just 18% which provides ample flexibility to fund ongoing expansion.
Macquarie Technology Group Limited (ASX: MAQ)
has positioned its data centres business at the core of Australia’s digital infrastructure and in FY25 the data centres segment delivered revenue of $79.9 million and EBITDA of $36.6 million.
The group secured a put and call option on land for a new Sydney data centre campus capable of delivering more than 150MW of IT load which extends MAQ’s future development pipeline.
Construction of the IC3 Super West data centre is on track with phase one expected to deliver 6MW of IT load by September 2026.
With the help of growing customer demand and a multi-year pipeline of sovereign data centre capacity, MAQ is well placed to create substantial value for shareholders.
(Source: Company Reports)
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