Blue chip ASX stock Infratil Limited on the run

IFT (Infratil Limited) is expanding strongly through data centres and renewable energy investments across Australia and New Zealand. IFT is increasing capacity, securing major contracts and raising funding to support future long term growth.

Infratil Limited (ASX: IFT) 

Infratil Limited (ASX: IFT) indicated in April 2026 that global events had created favorable circumstances regarding the company’s data center and renewable power operations. Increased tensions in the Middle East region had made Australasia more attractive as a safe site for computing facilities. Also, renewable energy gained more attention because of its role in long term energy security. The company believes these trends will create stronger demand for its existing assets.

CDC was identified as having the biggest short term growth opportunity. CDC also secured its first public investment grade credit rating during this period. This rating is expected to improve access to larger funding markets and support further expansion of its infrastructure platform across Australia and New Zealand.

Fortysouth Sale and Qscan Review

In April 2026, Infratil confirmed completion of the sale of Fortysouth which was its New Zealand tower business. The company stated that total divestments had now reached about $600 million. These sales are intended to help finance future development plans. Infratil also started a formal sales process for its Qscan investment after previously announcing a strategic review at its half year results. The company said another update on Qscan is expected later in 2026. These actions form part of a broader capital management plan as Infratil continues increasing investment in areas with higher expected growth.

Outlook

During late February 2026, CDC officially opened its Brooklyn data centre campus in Melbourne. Construction also continued at Laverton where two more facilities are being developed. Together these projects are expected to provide more than 800MW of digital infrastructure capacity for Melbourne. During the March 2026 quarter, CDC increased built operating capacity by 103MW which lifted the total to 671MW. More than 200MW of new construction also started at Marsden Park in Sydney.

CDC now has 572MW under construction including its first Perth location. In April 2026, CDC also completed a A$500 million equity raise with Infratil contributing A$250 million. On 26 March 2026, CDC discussed higher demand from artificial intelligence and larger computing workloads after attending the NVIDIA GTC conference in the United States. The company also announced FY27 EBITDAF guidance of A$680 million to A$720 million.

On 5 May 2026, CDC announced a 555MW data centre contract with a high grade United States customer. The agreement runs for 30 years with options that can extend the term by another 20 years. The new capacity will be delivered from campuses already under development and is expected to become operational across FY28 and FY29. Following this agreement CDC’s contracted capacity moved above 1GW. The company stated EBITDAF is now expected to exceed A$1 billion in FY28. When all contracted projects are operating annualised EBITDAF is estimated at around A$2 billion. CDC also expects FY27 capital expenditure to range between A$3.8 billion and A$4.2 billion excluding land purchases.

(Source: Company Report)