NX-COMPUTE-0003
WatchlistBuild · ApprovedWestern Sydney Hyperscale AI Facility
NEXTDC's approved Western Sydney hyperscale AI facility, with OpenAI publicly named as its first major customer.
Category
Compute
Location
Western Sydney, NSW
Offer status
Real asset, real public evidence, no issuer relationship and not offered.
Not open for investment
This is a researched listing, not an offer.
This asset appears on NEXES because it is real and publicly documented. It is not offered for investment, no interest in it is available to acquire, and NEXES has no ownership relationship with its operator.
Every figure below carries the source it came from and the date it was accurate. Figures that have not been disclosed or verified are not shown.
Operator
Public filingNEXTDC
ITK Research, Australian data centres under construction, May 2026 · 2026-08-07
Construction status
Public filingApproved
ITK Research, Australian data centres under construction, May 2026 · 2026-08-07
Capacity
Public filing550MW
ITK Research, Australian data centres under construction, May 2026 · 2026-08-07 · Reported as approximately 550MW.
Capital expenditure
Public filingA$7B
ITK Research, Australian data centres under construction, May 2026 · 2026-08-07
Verification
Evidence stack
- Not started
Ownership
No third-party verification published.
- Not started
Valuation
No third-party verification published.
- Not started
Financials
No third-party verification published.
- Not started
Inspection
No third-party verification published.
- Not started
Insurance
No third-party verification published.
- Not started
Legal structure
No third-party verification published.
- Not started
Operator
No third-party verification published.
Structure
Legal vehicle
Not yet structured. Before any interest in an asset can be offered, the asset is placed into its own legal vehicle and the offer is made by a licensed third party. How it works →
Activity
2026-08-07 · milestone
Added to the NEXES compute watchlist.
OpenAI publicly named as the first major customer.
NEXES watchlist, 7 Aug 2026
Documents
filing · 2026-08-07
Pipeline registry entry for NEXTDC Western Sydney facility
other · 2026-06-02
CommBank AI infrastructure market context
Sources
- ITK Research, Australian data centres under construction, May 2026
- CommBank newsroom, 2 Jun 2026