14D Secures 100% of Aurora Energy Precinct

Key points

• 1414 Degrees acquires 100% of Aurora Energy Precinct
• Heads of Agreement for up to 1 GW of AI data centre infrastructure
• Aurora is a firmed renewable energy and infrastructure site

Full summary

1414 Degrees Ltd (ASX: 14D) has agreed to acquire Vast Solar Aurora Pty Ltd, securing 100% ownership of SiliconAurora Pty Ltd and control of the Aurora Energy Precinct. This acquisition consolidates all project entities and site interests under 1414 Degrees' ownership, removing the previous joint venture structure. The acquisition enables the company to progress development of the precinct as a scalable firmed renewable energy and infrastructure site for mining, data centres, and other high-intensity energy users. The company has also signed a Heads of Agreement for the proposed development of up to 1 GW of AI data centre infrastructure at Aurora.