Macquarie Technology Group has upsized its debt capacity from $450 million to $500 million to help expedite its data centre capacity.
The newly secured $50 million will enable Macquarie Data Centres to expedite capacity delivery beyond the initial 6 megawatts (MW) at the company’s flagship development site, IC3 Super West, located in Macquarie Park, NSW.
The funds will facilitate the acquisition of long lead-time equipment, supporting a planned capacity of 19MW out of 47MW.
This approach aligns with current market dynamics, which is seeing customer demand for larger capacity and faster lead times, according to the company.
The incremental debt facility has been arranged under the existing syndicated facility agreement, with the current banking group providing the additional funding.
Late last year, Macquarie Data Centres’ topped out IC3 Super West, marking the completion of the building’s external structure and a milestone toward its scheduled opening in September 2026.
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