Macquarie Technology sees 2% FY26 EBITDA growth. * Macquarie Technology Group reported a 2% EBITDA increase to $115.9 million for FY26. * Operating cash flow reached $94.6 million, while capital expenditure rose to $230.5 million. * Growth is supported by a $200 million investment from Australia's National Reconstruction Fund Corporation. Macquarie Technology (ASX:MAQ) posted EBITDA of $115.9 million for the year ended June 30. The operating result represents a 2% increase from the $113.6 million recorded in FY25, marking twelve consecutive years of EBITDA growth for the business. "Combined with our existing debt facilities, this long-term source of capital provides additional financial flexibility to support the development of sovereign, secure digital infrastructure; cybersecurity services; and future growth initiatives," said Macquarie Technology Chair Lisa Brock. Data centre investments caused higher financing and depreciation costs during the financial year, which negatively impacted earnings per share. The company stated that IC3 SuperWest construction remains on track and on budget. Following the announcement, the Macquarie Technology share price was up at $60.55. The company's EBITDA is expected to have modest growth in FY27, assuming IC3 SuperWest Phase 1 revenue commences in H2 FY27. Depreciation and amortisation for FY27 are expected to be $63 million to $67 million. Hosting depreciation and amortisation are expected to be $52 million to $55 million and telecom depreciation $11 million to $12 million in FY27. On Aug. 6, the business completed the acquisition of a ~34,200sqm site in Macquarie Park to underpin a proposed ~200MW campus. The acquisition brings the total potential capacity across the platform to an estimated ~268MW. Frequently asked questions. MAQ signals

Macquarie Cloud Services inks three-year Microsoft Azure agreement. 12 Aug 2026 2 mins Microsoft forecasts Macquarie Cloud Services' Azure consumption spend will reach $278 million over the next three years. Macquarie Technology Group's Cloud Services subsidiary has signed a three-year agreement with Microsoft to step up its Azure consumption. The agreement, which falls under the global Microsoft Datacentre Optimisation (DCO) initiative, is the third of its kind for Macquarie Cloud Services and builds on its work with Microsoft. The DCO is designed to help partners accelerate their Azure practices and support customers with hybrid cloud transformations. According to a statement, Microsoft is forecasting Macquarie Cloud Services' Azure consumption spend will reach $278 million over the next three years. "By combining our capabilities with the DCO framework, we are enabling customers to move to Azure at scale, while building a foundation for data, AI, and next-generation applications that will ultimately drive the Australian economy," said Macquarie Cloud Services executive head of Azure Naran McClung. "Increasingly, its growth is being driven by customers expanding into new workloads and more sophisticated capabilities as their cloud maturity develops, as well as organisations moving to Azure for the first time. "This agreement reflects continued confidence in our Azure capability, experience, and customer outcomes." Microsoft senior manager and global DCO centre of excellence Vincent Texcier said Macquarie Cloud Services continues to show strong leadership in helping Australian organisations modernise with Microsoft Azure. "Through this agreement, Macquarie Cloud Services can continue helping customers migrate and modernise infrastructure, strengthen their cloud foundations, and prepare for future data and AI opportunities," he said. The cloud services subsidiary added that the signing of the agreement follows six years of it being awarded Expert MSP status, has consistently delivered average cloud cost savings of 26 per cent, and has reduced operational risk for thousands of Australian organisations. Don't miss a thing From its editors straight to your inbox. Get started by entering your email address below. Sasha Karen is a nationally recognised highly commended senior journalist at ARN. With a decade's worth of experience, Sasha serves the local channel community with news and inspiration about channel partners.

Macquarie Technology eyes Sydney R&D and data centre campus with $168M site buy. Macquarie Technology acquired the Intellicentre Campus from Keppel DC REIT two years ago (Image: Keppel) Macquarie Technology Group has exercised an option to acquire a land parcel in Sydney's Macquarie Park for A$240 million ($168 million), with plans for a research and engineering hub alongside a 200-megawatt data centre campus. The ASX-listed firm's data centre arm expects to complete the purchase within the next few weeks after a subdivision process cleared the way for exercise of the call option, according to an announcement late last week. Macquarie Technology will fund the land purchase with cash reserves and its corporate debt facility, while exploring asset recycling and development partnerships to finance construction. The light industrial site spans 34,200 square metres (368,000 square feet) and lies between Talavera Road and the M2 motorway, near Macquarie Technology's existing data centre operations in the northwestern Sydney business district. Subject to planning, power and other approvals, the first stage is expected to be completed in late 2029, with the facility designed to use advanced air-cooling systems while limiting water consumption. "The new campus will support research, technology and learning opportunities in conjunction with Macquarie University," the firm said. The project is intended to give students and researchers hands-on access to data centre, cybersecurity, artificial intelligence and cloud technologies, while plans also include a public park, community garden and outdoor art gallery. Sovereign builder. Macquarie Technology traces its roots to Macquarie Telecom, founded by brothers David and Aidan Tudehope in 1992, with David continuing to lead the company as CEO. The firm adopted its present name in 2023 as it evolved from a telecom challenger into a digital infrastructure specialist, and it is unrelated to finance heavyweight Macquarie Group. The Sydney-based firm operates four businesses spanning data centres, cloud services, cybersecurity services for government customers and telecommunications. Macquarie Data Centres offers co-location, connectivity and engineering services ranging from individual racks to multi-megawatt hyperscale deployments, while the government business serves 42 percent of Australian federal agencies, according to the company. The firm is building the 47MW IC3 Super West facility at its existing Macquarie Park campus, where secured capacity is set to reach 65MW. The first phase is scheduled to provide 6MW of IT load and a powered core and shell by September 2026, with management previously estimating that the group's development pipeline would support more than 215MW over the following decade. Macquarie Technology gained full ownership of its existing Macquarie Park campus in 2024, acquiring two Intellicentre buildings and their underlying site from Singapore-listed Keppel DC REIT for A$174 million. The facilities were occupied by sister business Macquarie Telecom under a 20-year master lease, with the deal giving the group greater control as it developed IC3 Super West. In a separate funding initiative announced in March, Australia's National Reconstruction Fund Corporation agreed to invest A$200 million in Macquarie Technology through perpetual, callable and non-convertible hybrid securities. The non-dilutive capital is earmarked for sovereign cloud, cybersecurity and AI initiatives within the company's cloud services and government division rather than the Macquarie Park land buy, which is being funded from cash and corporate debt. Local power race. The Macquarie Park proposal adds to a surge of hyperscale investment across Sydney, with global fund managers, tech companies and Aussie developers competing for powered sites in Eastern Creek, Horsley Park, Minchinbury and established northern tech precincts. Canberra-based CDC in May signed a 555MW, 30-year agreement with an unnamed US customer, billed as Australia's largest-ever data centre lease. The capacity will be delivered across campuses already under development for fiscal 2028 and 2029, including CDC's Eastern Creek complex, and lifts the operator's contracted portfolio beyond 1 gigawatt. NextDC teamed with OpenAI in December under a non-binding agreement to plan and operate an AI campus and GPU supercluster at the operator's S7 site in Eastern Creek, with an initial phase targeted for the second half of 2027. NextDC has also earmarked A$1.5 billion through fiscal 2027 to accelerate its S4 hyperscale campus at Horsley Park as part of a broader A$2.2 billion capital plan. Starwood Capital joined Singapore's Doma Infrastructure and Australian telco Telstra on a 62MW facility in Minchinbury, with Starwood and Doma handling financing, development and operations while Telstra contributes the site and connectivity. The development-approved project is scheduled to enter service in early 2028 as a hyperscale-ready centre for AI workloads. Goodman Group, meanwhile, has proposed investing A$5 billion to redevelop a former Coles distribution complex in Eastern Creek as the 500MW Project Atlas campus. The Sydney-based developer is also pursuing the A$1.2 billion, 90MW Project Mars scheme at its Transtech Business Park in Lane Cove, underscoring the widening geographic reach of the city's data centre boom.