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1414 Degrees Limited (ASX:14D)

ALERT: Price-sensitive ASX Announcement for 14D
Current share price for 14D : $0.061 -0.002 (-3.17%)+
Announcement
Release
27 Jul 2026 9:54AM
Price at Release
$0.063
Full Release
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Summary
1414 Degrees Limited, through its subsidiary SiliconAurora Pty Ltd, has entered into a Heads of Agreement with an Australian data centre operator to develop up to 1 GW of AI data centre infrastructure at the Aurora Energy Precinct, South Australia. This project will leverage Aurora's renewable generation and storage assets and will be developed in stages, initially starting with a 17 MW campus. The agreement, which is non-binding except for specific provisions, grants the operator exclusivity over a 40-hectare parcel and a right of first refusal for generation capacity during the agreement term. The project is contingent upon regulatory approvals, mutual due diligence, and successful execution of definitive agreements. Aurora's infrastructure offers strong support for various renewable projects, emphasizing its capacity as a flexible multi-use precinct. 1414 Degrees aims to continue updating the market as the project advances.
Key Points
  • 1414 Degrees has signed a Heads of Agreement to partner with an Australian data centre operator.
  • The project aims to develop up to 1 GW of AI data centre infrastructure at the Aurora Energy Precinct.
  • The development will be in stages, starting with a 17 MW campus and expanding to gigawatt scale.
  • Aurora's existing infrastructure supports renewable energy projects and energy storage.
  • The agreement provides exclusivity over a 40-hectare development parcel.
  • The project is conditional on mutual due diligence and regulatory approvals.
  • The development will use modular data centre technology compatible with renewable energy.
  • Aurora Energy Precinct is strategically located for energy-intensive industries.
  • 1414 Degrees will update the market as agreements are executed.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.