Home/Deal Room/Energy North advances A$11.9B Project Ares AI campus

Data centers · Evidence brief

Energy North advances A$11.9B Project Ares AI campus

Energy North + Australian Government Major Projects Facilitation Agency

Primary sourcePermit / utility filing2026-07-01
Deal structureMajor Project Status / permit-stage hyperscale AI data-center campus
GeographyMurranji Station, Barkly Region, Northern Territory, Australia
Infrastructure layersData centers + power infrastructure + financing
Disclosed scaleProposed Northern Territory hyperscale AI data-center development with a 500 MW initial facility, potential expansion to 1 GW, integrated behind-the-meter renewable energy, and roughly A$11.9B projected capital expenditure; DCD reports the full platform could pair up to 3 GW of solar, 16 GWh of battery storage and 900 MW-1.1 GW of gas-fired dispatchable generation

Why it matters

The strategic read

Adds another sovereign-adjacent AI campus template outside the U.S. hyperscaler grid queue: remote land, behind-the-meter power, solar, batteries, gas dispatchability, Asia-Pacific connectivity and Commonwealth Major Project Status wrapped around a 500 MW-to-1 GW data-center plan. The project is not yet a signed customer or financing receipt, but it is large enough to track because Australia is becoming a recurring AI infrastructure geography across Firmus, SharonAI, IREN and Energy North.

Source-supported terms

What was disclosed

  1. 01

    Australia's official Current Major Projects page lists Project Ares as an Energy North Pty Ltd project with Commonwealth Major Project Status granted on April 28, 2026 and expiring April 28, 2029.

  2. 02

    The official listing describes Project Ares as a proposed hyperscale data centre development at Murranji Station in the Northern Territory, approximately 370 km south of Katherine.

  3. 03

    The official listing says the project will be delivered in stages, with an initial 500 MW facility powered by integrated renewable energy and potential expansion to 1 GW.

  4. 04

    The official listing gives Project Ares projected capital expenditure of around A$11.9B and says it is expected to create approximately 4,400 construction jobs and up to 300 ongoing jobs.

  5. 05

    Energy North describes Project Ares as a 1 GW hyperscale AI data centre with integrated renewable energy generation, behind-the-meter, fully off-grid, built to Tier III standards, with Commonwealth Major Project Status and FEL-2 / Pre-FEED complete.

  6. 06

    Energy North says final investment decision is targeted on receipt of final approvals, with commercial operation targeted 12-18 months after FID.

  7. 07

    DCD reported on July 1, 2026 that the campus would include up to 3 GW of solar generation, 16 GWh of battery storage, 900 MW-1.1 GW of natural gas-fired dispatchable generation and no grid connection.

  8. 08

    DCD reported that Energy North is targeting 500 MW in the first phase and that the data-center portion would total about 90 hectares at full build-out, with the solar farm totaling up to 7,000 hectares.

  9. 09

    DCD reported Energy North says Project Ares could scale to 5 GW in future phases, though the official Major Project Status listing frames the current proposed data-center expansion potential at 1 GW.

  10. 10

    The project is co-located with Energy North's Project Sol green hydrogen and green ammonia development, another Commonwealth Major Project Status project.

  11. 11

    The Deal Room classifies this as permit/status-stage infrastructure evidence, not a signed offtake, financing close or construction award.

Disclosure boundary

What is known—and what is not

Primary Australian Government Major Project Status listing and Energy North project materials, with DCD same-day reporting. Public materials disclose the proponent, project name, Northern Territory / Murranji Station location, Major Project Status dates, 500 MW initial facility, potential 1 GW expansion, roughly A$11.9B capex, construction and ongoing job estimates, behind-the-meter / off-grid architecture, FEL-2 / Pre-FEED status, FID contingent on final approvals, and reported solar / battery / gas-generation concept. Public materials do not disclose a signed customer or offtake agreement, financing close, project debt/equity commitments, power purchase terms, gas supply, EPC contracts, equipment awards, final environmental approvals, exact project schedule, data-center tenant mix, server/GPU allocation, grid export rights, or remedies if approvals/FID do not proceed.