Macquarie Technology Group completes construction on IC3 Super West data centre
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The news: Macquarie Technology Group has completed construction of its IC3 Super West data centre and will now begin fitting out cabling and electricals.
The numbers: The total investment in IC3 is about $350 million and will have 47 megawatt of capacity. Most of the capacity will be vacant initially so that the IT fit out can be tailored to customers’ needs.
The total Macquarie Data Centre Campus capacity will now be 65 megawatts. Overall, the company operates three data centre campuses, two in Sydney and one in Canberra.
The context: The completion of the campus has been 10 years in the making and is “on-time and on-budget” Macquarie Technology Group CEO David Tudehope told Capital Brief, including necessary end-state power and water needs.
Commissioning of the centre's initial six megawatt IT load is still expected in September 2026.
Tudehope said this was arranged “many years ago”, with Macquarie Technology Group spending a “very large amount of money” to upgrade power and water infrastructure, including the storm water network, in the neighbouring area.
The data centre is designed to have air and liquid cooling capacity suitable for both cloud computing infrastructure and AI infrastructure.
Macquarie Technology Group will be shifting to a sales push now that the building is constructed, with demand predominantly expected from “a mixture of large hyperscale cloud customers…and software as a service companies where they’re putting AI inside their software and they want to host that software in Australia”.
The design and construction phase has supported 2,400 jobs. Now that construction is complete, the data centre will support about 100 jobs. It is also four and a half times bigger than the previous data centre completed in 2021.
The company is considering multiple financing options for a proposed 150 megawatt data centre campus that is estimated to cost upwards of $3 billion.
This could entail selling “80% or 90% of our current campus” to a superannuation fund, overseas insurance firm, or another organisation with long term liabilities. The company is also considering bringing in a joint venture partner to deliver the new data centre campus.
What they said: “The project has progressed really well. We’re happy with it and it’s obviously been a lot of good planning…we will now turn our attention to the new campus,” Tudehope said.
The source: Macquarie Technology Group media release
