SKS secures $130M data centre project
| Stock | SKS Technologies Group Ltd (SKS.ASX) |
|---|---|
| Release Time | 19 Nov 2025, 10:08 a.m. |
| Price Sensitive | Yes |
SKS secures $130M data centre project
- $130M data centre project for major hyperscale operator in Melbourne
- Covers design and construction of critical electrical systems and infrastructure
- Project takes total work on hand to $304M, a new record high
SKS Technologies Group Limited (ASX: SKS) has received written confirmation of the intent to award an approximate $130 million data centre project for works relating to a second facility, known as MEL02A, for a major hyperscale data centre operator in Melbourne's west. The project will be delivered by Hickory Construction DC, a major construction company. This latest project win represents SKS Technologies' largest to date in the data centre sector, following previous contracts announced in July last year ($90 million) and May this year ($100 million). The project covers the design and construction for the full suite of critical electrical systems and infrastructure related to 90MW's of capacity for the facility, including low and medium voltage cabling, installation and testing of client-supplied equipment, transformers, generators and main switchboards, as well as design and coordination, supply and installation of cable support systems, general switchboards, lighting, power and structured cabling. The project award takes the business's total work on hand to another record high of approximately $304 million. Design work for the project has commenced with completion expected to be sometime in 3Q27. SKS Technologies' CEO, Matthew Jinks, stated that the company's brand is now well-established in the Victorian data centre market, with a high level of repeat business earned through consistently delivering sophisticated projects to an excellent standard. With the recent acquisition of Delta Elcom, SKS is keen to build on the expertise contained in the business to pursue further opportunities in this sector in NSW.
With the additional revenue to be derived from the project, the Board has revised its FY26 revenue guidance to $320 million.