Vancouver, British Columbia, March 26, 2026 (GLOBE NEWSWIRE) -- Global Power Solutions Corp. (TSXV: PWER) (FSE: NJA) (“Global” or the “Company”) announces that it has joined the Canada Data Centres’ Alliance (CDCA), a national industry organization representing participants across Canada’s digital infrastructure sector. The CDCA provides a collaborative platform for data centre operators, cloud providers, energy companies, technology firms and policymakers to support the responsible growth of Canada’s digit ...

London, March 25, 2026 (GLOBE NEWSWIRE) -- First major milestone in a strategic partnership designed to unlock next-generation AI infrastructure across Europe OPDC approves development of 56MW cloud and AI ready LON02 data centreGross capital investment is anticipated to be c.£1 billion, creating hundreds of new jobsOver £3 million committed to long-term community benefits including a dedicated digital fund London, 25thMarch 2026: Pure Data Centres Group (“Pure DC”) and SEGRO today announced its joint vent ...

Summary of Key Points from the Conference Call Industry Overview - The focus is on the **data centre industry** in China, particularly the impact of **OpenClaw** on data centre operators and AI model companies [2][9]. Core Insights and Arguments - **OpenClaw's Influence**: OpenClaw is seen as a pivotal factor in accelerating the adoption of AI agents in China, which is expected to increase demand for data centre services [2]. - **Market Dynamics**: There is a noted rotation of investment from gas turbine and diesel engine suppliers to data centre operators due to rising energy costs amid geopolitical tensions [3]. - **Performance Comparison**: Data centre operators like GDS and VNET have underperformed compared to equipment suppliers, suggesting a potential catch-up opportunity as they benefit from the AI inference boom [3]. - **Upcoming Results**: Anticipation of GDS and VNET's results announcements regarding order wins and outlook is expected to act as a catalyst for their stock prices [3]. Company-Specific Insights GDS Holdings - **Valuation Update**: The target price for GDS has been raised from **USD 46.90 to USD 62.70**, reflecting a 42.9% upside potential [5][27]. - **DayOne's IPO Potential**: GDS holds approximately 27% equity in DayOne, which recently raised funds at a valuation of **USD 9.4 billion**. This translates to an implied value of **USD 11.18 per GDS share** [4]. - **Financial Projections**: GDS's revenue is projected to grow from **CNY 10,322 million in 2024** to **CNY 14,053 million in 2027**, with EBITDA increasing from **CNY 4,395 million to CNY 5,846 million** over the same period [10][11]. VNET Group - **Valuation and Target Price**: VNET's target price remains at **USD 14.40**, with a 28.2% upside potential. The valuation is based on a target EV/adjusted EBITDA multiple of **10.3x** for 2027 [5][47]. - **Financial Outlook**: VNET's revenue is expected to rise from **CNY 8,259 million in 2024** to **CNY 14,424 million in 2027**, with EBITDA increasing from **CNY 2,268 million to CNY 4,913 million** [18][19]. Additional Important Insights - **Investment Risks**: Key risks include failure to secure large orders, potential slowdowns in growth for DayOne, and challenges related to chip shortages affecting data centre utilization [32][49]. - **Market Positioning**: GDS is preferred over VNET due to its stronger valuation upside and the accelerating demand growth in China driven by OpenClaw [5][9]. Financial Metrics - **GDS Holdings**: - **2024 Revenue**: CNY 10,322 million - **2027 Revenue**: CNY 14,053 million - **2024 EBITDA**: CNY 4,395 million - **2027 EBITDA**: CNY 5,846 million [10][11]. - **VNET Group**: - **2024 Revenue**: CNY 8,259 million - **2027 Revenue**: CNY 14,424 million - **2024 EBITDA**: CNY 2,268 million - **2027 EBITDA**: CNY 4,913 million [18][19]. This summary encapsulates the critical insights and financial projections for GDS and VNET, highlighting the potential growth driven by AI adoption and the strategic positioning within the data centre industry.

Pure Data Centres, a UK firm backed by Oaktree, wants to triple its capacity https://t.co/RltFhjplle ...

Core Insights - Gorilla Technology Group Inc. achieved record revenue of $101.4 million for the year ended December 31, 2025, marking a 35.7% increase year-on-year, driven by strong execution in AI infrastructure and enterprise programs [2][10] - The company reported a significant turnaround in profitability, with IFRS operating loss narrowing to $(13.7) million from $(66.9) million in the previous year, reflecting a 79.6% year-on-year improvement [3][4] - Adjusted EBITDA remained robust at $19.1 million, indicating strong profitability during a period of investment growth [5] Financial Performance - Revenue for 2025 reached $101.4 million, up from $74.7 million in 2024, representing a 35.7% increase [2] - Total operating expenses decreased by 54.4% to $47.5 million, showcasing effective cost management [4] - IFRS net loss improved to $(11.3) million from $(64.8) million in the prior year, a reduction of 82.6% [4] Profitability Metrics - Earnings per share (EPS) improved significantly to $(0.51) from $(6.13) year-on-year, reflecting a 91.7% improvement [6] - Adjusted basic EPS was reported at $0.89 for 2025, indicating a strong adjusted earnings performance [6] Cash Position and Debt Management - The company ended 2025 with total cash of $104.8 million, including restricted deposits of $5.3 million, and reduced total debt by 35.6% to $13.8 million [7][28] - Gorilla executed a share repurchase program, spending $3.5 million on buybacks, reflecting confidence in the company's intrinsic value [8] Strategic Focus and Market Position - Gorilla is advancing its AI infrastructure and data center strategy across key markets in Asia, including India, Malaysia, Thailand, and Indonesia, as well as exploring opportunities in the Middle East [23][18] - The Asia Pacific data center market is projected to grow significantly, reaching approximately $35.8 billion in 2026 and $94.1 billion by 2031, indicating a favorable environment for Gorilla's expansion [24] Future Outlook - The company has a pipeline exceeding $7 billion, driven by advanced-stage AI and GPU infrastructure opportunities in various markets [25] - Gorilla aims to become cash flow positive in 2026 while maintaining tight financial controls and improving cash conversion [28][21]

Core Viewpoint - A consortium led by KKR and Singtel is acquiring the remaining 82% stake in ST Telemedia Global Data Centres (STT GDC) for S$6.6 billion ($5.1 billion), valuing the company at an enterprise value of approximately S$13.8 billion ($10.9 billion) [1][2] Group 1: Acquisition Details - The acquisition will result in KKR holding a 75% stake and Singtel owning 25% of STT GDC, following the conversion of existing redeemable preference shares [2] - The transaction follows an initial investment in 2024, where KKR and Singtel contributed S$1.75 billion through preference shares and warrants, marking Southeast Asia's largest digital infrastructure investment at that time [2] Group 2: Strategic Implications - KKR's co-head David Luboff emphasized the opportunity to support a high-quality platform and deepen the strategic partnership with Singtel, aiming to leverage KKR's global network and expertise in digital infrastructure for STT GDC's growth [3] - Singtel's CFO Arthur Lang stated that the acquisition is a significant step towards scaling their digital infrastructure growth engine as outlined in the Singtel28 growth plan, while maintaining capital allocation discipline [4] Group 3: Company Operations and Market Position - STT GDC, founded in 2014 and headquartered in Singapore, operates in 12 major markets across Asia Pacific, the UK, and Europe, with a total design capacity of 2.3GW [4] - The company provides colocation, connectivity, and support services for clients managing AI and cloud workloads that require substantial data processing resources [5] - STT GDC's president and CEO Bruno Lopez noted that the expanded investment from KKR and Singtel reflects confidence in the company's business quality and growth trajectory, aiming to enhance infrastructure for the digital economy [5] Group 4: Future Growth Potential - The consortium's combined expertise, regional networks, and financial strength position STT GDC to scale rapidly and capture significant growth in cloud and AI demand [6] - The completion of the acquisition is subject to regulatory approvals and standard closing conditions [6]

Core Viewpoint - A consortium led by KKR and Singapore Telecommunications is acquiring full control of ST Telemedia Global Data Centres for S$6.6 billion ($5.2 billion), highlighting the increasing demand for AI capacity and cloud services [1][2]. Group 1: Transaction Details - The deal represents the largest transaction in Singapore in four years and the biggest data centre deal in Southeast Asia, indicating a significant growth in computing capacity needs [2]. - The implied enterprise value of STT GDC is S$13.8 billion based on the acquisition price for the 82% stake not already owned by the consortium [1][3]. - The KKR-led consortium will acquire the remaining 82% stake from ST Telemedia, with KKR and Singtel holding 75% and 25% respectively post-transaction [4]. Group 2: Company and Market Impact - STT GDC, founded in 2014, has a design capacity of approximately 2.3 gigawatts across 12 major markets in the Asia Pacific, UK, and Europe, providing essential data centre services [3]. - The acquisition aligns with Singtel's strategy to enhance its digital infrastructure, positioning it as one of the largest data centre operators in Asia [5]. - Analysts suggest that Singtel's long-standing operational experience and infrastructure capabilities will enable it to capitalize on larger multi-market opportunities in the data centre sector [6].

Core Viewpoint - A consortium led by KKR and Singapore Telecommunications is acquiring the remaining 82% stake in ST Telemedia Global Data Centres for S$6.6 billion (approximately $5.2 billion), indicating a significant investment in the data center sector in Singapore [1] Group 1: Acquisition Details - The total cash payment for the acquisition is S$6.6 billion, which translates to $5.2 billion [1] - The acquisition will result in the consortium owning 100% of ST Telemedia Global Data Centres [1] Group 2: Valuation and Market Impact - The deal values ST Telemedia Global Data Centres at a substantial amount, reflecting the growing demand for data center services in the region [1] - This acquisition is part of a broader trend of increasing investments in digital infrastructure, particularly in Asia [1]

Group 1 - A KKR-led consortium, including Singtel Group, is set to fully acquire ST Telemedia Global Data Centres at an enterprise value of S$13.8 billion [1] - The acquisition reflects a strategic move to enhance the data center capabilities in the Asia-Pacific region [1] - This deal signifies a growing trend of investment in digital infrastructure, particularly in data centers, driven by increasing demand for cloud services [1] Group 2 - The enterprise value of S$13.8 billion indicates a significant valuation for ST Telemedia Global Data Centres, highlighting its importance in the market [1] - The partnership between KKR and Singtel Group aims to leverage their combined expertise to drive growth in the data center sector [1] - This acquisition is expected to facilitate further expansion and innovation in data center services, catering to the rising needs of businesses in the digital economy [1]

Budget Overview - The budget is conservative with tax buoyancy for FY27 assumed at 0.8, lower than the previous year, and GST revenues projected to decrease by 3% in FY27 compared to FY26 [1][8] - The share of revenue expenditure, excluding interest, is proposed to decrease from 52.2% to 50.8% [1][8] Capital Expenditure and Fiscal Deficit - An additional capital expenditure of ₹1.26 lakh crore for FY27 has been budgeted, indicating improved quality of the fiscal deficit [2][9] Strategic Sector Incentives - The budget emphasizes policy nudges and incentives in strategic sectors with long-term economic implications, including nuclear power, data centres, global capability centres (GCCs), and maintenance, repair, and operations (MROs) [2][9] Nuclear Power Sector - The extension of zero basic customs duty on imports for new nuclear power projects until 2035 will lower capital costs for developers, reduce energy costs, and enhance energy security [4][9] Data Centres and Semiconductor Mission - Data centres are incentivized with a long-term tax holiday until 2047 for foreign companies providing cloud services, while the India Semiconductor Mission aims to boost private investment in fabrication, design, and equipment manufacturing [5][9] Manufacturing and Supply Chain Development - Changes in income-tax laws will facilitate just-in-time manufacturing and improve the economics of electronics manufacturing, alongside the development of dedicated rare earth corridors to strengthen strategic supply chains [6][9] Global Capability Centres (GCCs) - Investments in GCCs are encouraged as they drive services exports, job creation, and advanced skills development, particularly in AI and emerging technologies [7][9] IT Services Tax Certainty - Unifying all IT services under a single category with a common safe harbour margin of 15.5% will reduce ambiguity and enhance tax certainty for the sector [7][9] Support for MSMEs - The proposed ₹10,000-crore SME Growth Fund and credit guarantee schemes for invoice discounting aim to provide additional capital for India's 10 million registered MSMEs [7][9] Overall Budget Impact - The budget presents a credible roadmap for increasing competitiveness and long-term growth, although a higher divestment target could have provided more resources and fiscal flexibility [8][9]