Jun 25, 2026 | Posted by Abdul-Rahman Oladimeji
Australian data center firm NextDC has acquired a large land parcel outside Melbourne, Victoria. Local media, including The Age and The Sydney Morning Herald, report that the company has purchased 169 hectares in Lovely Banks, Victoria, near Geelong and around 70km west of Melbourne.
The site was acquired for AU$165 million (US$113.85 million). The land was previously designated for residential development but is located near a major substation and the Victorian Big Battery energy storage facility. NextDC has not yet commented on the acquisition. The company is also developing an edge data center in Geelong, having broken ground earlier this year on the 4.4MW GE1 facility.
The site was acquired for AU$165 million (US$113.85 million). The land was previously designated for residential development but is located near a major substation and the Victorian Big Battery energy storage facility.
NextDC has not yet commented on the acquisition. The company is also developing an edge data center in Geelong, having broken ground earlier this year on the 4.4MW GE1 facility.