Firmus Delivered 42 Megawatts of a 1.6 Gigawatt Plan, in a Bite

Project Southgate was sold as a 1.6 gigawatt Australian buildout with up to $47.68 billion behind it. Firmus and CDC Data Centres have stopped building it together, and 42 megawatts is what reached production.

• The first phase promised up to 150 megawatts across Tasmania and Melbourne, roughly 54,000 Nvidia GB300 systems, for the middle of 2026. It delivered 42 megawatts at one CDC site in Melbourne.
• CDC chief executive Greg Boorer said the two were not planning to deliver 1.6 gigawatts together, because Firmus chose to develop its own sites instead.
• Firmus co-chief executive Oliver Curtis said the split was mutual and does not affect its contracted customer capacity. It holds deals with Meta in Indonesia and OpenAI in Malaysia and is preparing to raise about $5 billion.
• Forty two megawatts against a 1.6 gigawatt headline is 2.6 percent.

Read the full analysis of what the gap means for procurement.