SKS Wins $28 Million Data Centre Early Works
Key points
- SKS awarded $28 million for early works on MEL2 data centre
- Project represents significant milestone for securing repeat work
- Expected to deliver over 354MW of capacity
- Order book to increase to $312 million for FY27
Full summary
SKS Technologies Group Limited (ASX: SKS) has secured $28 million for early works on a hyperscale data centre known as MEL2 in Melbourne's northwest. This project includes substation works, complete internal fit-out of the GIS and substation buildings, and supply and installation of HV, LV and communications in-ground infrastructure. The MEL2 facility is planned to deliver more than 354MW of capacity via more than $5 billion of investment. The early works engagement is expected to increase the order book to an FY27 starting position of $312 million, showing a growth multiple of 7 times since June 2023.
Guidance
Order book to increase to $312 million for FY27
Outlook
SKS Technologies anticipates more than doubling its capacity from 1.4GW in 2025 to 3.2GW in 2030.
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