SGX:BN4Industrials
Should Keppel’s 1.0 GW Data Centre Power Push in Australia Require Action From Keppel (SGX:BN4) Investors?
In mid-January 2026, Keppel Ltd expanded its Asia-Pacific data centre powerbank pipeline to over 1.0 GW, securing phased access to a 123-hectare, up-to-720 MW site near Morwell in Victoria, Australia, for capital-efficient pre-development under an Agreement for Lease with Lightwood Group.
This large, power-rich site within the proposed Gippsland Renewable Energy Zone could support significant growth in Keppel’s data centre funds under management and reinforce its role as an operator of AI-...