SKS Wins $28 million data centre early works

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Stock SKS Technologies Group Ltd (SKS.ASX)
Release Time 14 Jul 2026, 9:42 a.m.
Price Sensitive Yes
 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.