“Stack’s expansion into Australia, building on our recent development in Japan, illustrates our focus on establishing a scalable presence in key regional markets that are strategically important to our customers,” said Pithambar Gona, Managing Director – APAC, StackInfrastructure.
“Partnering with Hickory demonstrates our ability to leverage our partnership model and expertise to benefit our customers while attracting key regional data center talent to the Stack platform.
Covering three Australian markets, Melbourne, Canberra and Perth, the project includes the construction of a 72 MW campus at Truganina in the western suburbs of Melbourne. The site is expected to be completed in early 2023 and will include two 36 MW buildings with separate access points to accommodate multiple users with separation of security and services.
The project will also see Stack Australia expand into two emerging hyperscale markets, including a 28MW data center in Hume, Canberra and a 24MW data center in Wangara, Perth.
Both developments have received development approval, with groundbreaking expected to begin in the third quarter of 2022 with delivery by the second half of 2023.
“Hickory is well positioned to help develop efficient facilities at three key sites simultaneously,” said Michael Argyrou, CEO of Hickory.
“Partnering with Stack enables us to leverage an exceptional global operating platform and innovative capital solutions to target customer growth at scale in key markets.”
As part of this partnership, Hickory’s data center management team led by Joel O’Halloran, Michael Gunton and James Veness will join the global Stack platform.
The agreement is subject to review by the Foreign Investment Review Board and approval by the Australian Commonwealth Treasurer under Australian foreign investment rules.