Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Politics › Gas-Rich Australian Region Backs $28 Billion Data Center Project
Politics

Gas-Rich Australian Region Backs $28 Billion Data Center Project

Bloomberg Technology Wednesday 22 July 2026, 03:44 UTC By Paul-Alain Hunt 1 min read
Key Points

Gas-Rich Australian Region Backs $28 Billion Data Center Project Australia’s Northern Territory has granted land to a major data center project that claims it could attract A$40 billion ($28 billion) in private investment. The region’s government awarded 185 hectares (457 acres) of land to Beetaloo Digital Pty Ltd., a unit of natural gas company Beetaloo Energy Australia Ltd., to develop two “hyper-scale” AI data center campuses, it said in a statement Wednesday. The company plans to build...

Gas-Rich Australian Region Backs $28 Billion Data Center Project Australia’s Northern Territory has granted land to a major data center project that claims it could attract A$40 billion ($28 billion) in private investment. The region’s government awarded 185 hectares (457 acres) of land to Beetaloo Digital Pty Ltd., a unit of natural gas company Beetaloo Energy Australia Ltd., to develop two “hyper-scale” AI data center campuses, it said in a statement Wednesday. The company plans to build up to 2 gigawatts of power generation for the sites, using fuel from a massive shale gas deposit that is set to start commercial production this year.
Northern Territory (LOCATION) Beetaloo Digital Pty Ltd. (ORG) Beetaloo Energy Australia Ltd. (ORG)
Originally published by Bloomberg Technology Read original →

Related Stories

Lingfield and Worcester host competitive Wednesday cards

Today on Sky Sports Racing: Lingfield and Worcester host competitive Wednesday cards Hilltop, Kaori and Mojito face off in an unpredictable feature contest from Lingfield this evening - live on Sky Sports Racing; Beforehand, Worcester plays host to a seven-race Jumps card, which commences at 1.55pm. Monday 20 July 2026 15:14, UK Worcester and Lingfield are the venues for today's racing, with National Hunt and Flat action on the agenda. 8.10 Lingfield - Hilltop, Kaori and Mojito contest...

Sky Sports Football just now

Cathay Pacific expects first-half profit to jump 75% to HK$6.5 billion

Hong Kong flag carrier Cathay Pacific Airways expects its first-half net profit to jump by as much as 75 per cent to HK$6.5 billion (US$829 million) from HK$3.7 billion a year earlier, driven partly by growth in passenger and cargo traffic. The airline said on Wednesday that earnings were also boosted by a one-off gain of about HK$1.4 billion from the dilution of its interest in Air China following a share sale. It said it expected net profit to range between HK$6 billion and HK$6.5 billion...

South China Morning Post 2m ago

Government to restore £2 cap on bus fares in England

The government says the policy will "help with the cost of living and give people the breathing space they need"

BBC Business 6m ago

Government to restore £2 cap on bus fares in England

The government says the policy will "help with the cost of living and give people the breathing space they need"

BBC Business 6m ago