Australian data center firm DigiCo Infrastructure REIT has secured a number of new deals in Sydney, Brisbane, and Adelaide.

The ASX-listed company this week announced customer wins across its Australian data center platform from a combination of hyperscale, neocloud, enterprise, and government clients, adding 14MW worth of deals since its company update last month.

“These wins are primarily at our SYD1 site, with additional signings in Brisbane and Adelaide,” the company said. “As a result, Australian contracted IT capacity will grow to 41MW by June 2026, representing a significant increase on the previous June 2026 run-rate target of 27MW provided in August 2025.”

The company also noted plans to accelerate the expansion of SYD1 and utilization of its 120MVA of allocated power.

“The 9MW project is being reshaped and materially expanded to deliver additional high-density capacity to serve these customers by mid-2026,” the company noted. “Works are already underway, with preparations to bring forward further capacity in FY27.”

After acquiring North American digital infrastructure investor StratCap in February 2024, Australian investment firm HMC Capital went on to acquire Global Switch’s Australian unit and Australian operator iseek for a total of $1.65 billion. It also recently acquired a number of data centers in the US.

The company then launched and floated DigiCo Real Estate Investment Trust, a new company to hold its data center assets. The company owns more than a dozen facilities across Australia (Sydney, Brisbane, Adelaide, Townsville) and the US (Dallas, Kansas City, Chicago, Los Angeles).

The group’s billed IT capacity is expected to reach at least 85MW by July 2026. Revenue from these deals is expected to start in the second half of financial year 2026, taking the company’s underlying EBITDA guidance for the year to $120–125 million.

DigiCo’s capex for the year is expected to reach $160–180m, reflecting the larger capacity expansion at SYD1, to be funded through existing cash reserves and undrawn debt facilities.

The growth at SYD1 reverses several years of government customers leaving the site over ownership concerns under the previous operator.

The site was previously owned by Global Switch, which was majority owned by Chinese steel giant Jiangsu Shagang Group. Concerns over national security and links to China saw the likes of the Department of Home Affairs, Australian Securities and Investments Commission, Australian Digital Health Agency, and the Australian Communications Media Authority leave the site.