Keppel will pay Lightwood an annual access fee to gain early access to the site for the pre-development works, including obtaining planning approvals and contracting power and water before its private data centre funds take up long-term leases.
Keppel has secured a 720 megawatt (MW) powerbank capacity for an AI data centre campus near Melbourne, Australia.
This comes together with Keppel’s Connectivity Division securing the rights to lease a 123-hectare contiguous site near Morwell, Victoria, in phases and over time, from Australian energy and infrastructure landowner Lightwood Group.
