X2M partners with Resi Ventures to Develop Data Centres
| Stock | X2M Connect Ltd (X2M.ASX) |
|---|---|
| Release Time | 11 Jun 2026, 8:43 a.m. |
| Price Sensitive | Yes |
X2M Connect Partners with Resi Ventures for Regional Data Centre Development
- X2M partners with Resi Ventures to develop integrated data centres in regional Australia
- First project is Miners Rest Renewable Energy Integration Precinct in Victoria
- X2M's platform will manage energy and data centre systems for the precinct
- Five-year agreement with potential for expansion across Australia
X2M Connect Limited (ASX:X2M) has entered into a strategic partnership with Australian property developer Resi Ventures to support the development of a network of regional data centres across Australia. The partnership will see X2M's AI-enabled platform deployed to manage energy and infrastructure systems across new data centre and multiuse precincts, beginning with the Miners Rest Renewable Energy Integration Precinct (MRREIP) near Ballarat in regional Victoria. The MRREIP project is an integrated energy and data centre precinct located approximately 10 kilometres northwest of Ballarat. It is expected to include a data centre with capacity ranging from 10MW to 100MW, alongside a battery energy storage system, electric vehicle charging infrastructure, an anaerobic biodigester, and connections to regional renewable energy sources. X2M will also manage electricity, heating and cooling exchanges between the data centre and other precinct services leveraging the two spring lakes on the site. The project requires customary regulatory and planning approvals.