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DXN LIMITED — Capital/Financing Update 2020
Jan 23, 2020
64806_rns_2020-01-23_fc7e725f-279b-4c04-b3c2-3d85117ba1df.pdf
Capital/Financing Update
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24 January 2020
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ASX Announcement
DXN Limited to Provide Turnkey Data Centre Solution to Australian Gas Infrastructure Group
Pre-fabricated modular data centre specialist, DXN Limited (ASX:DXN), is pleased to announce the execution of a $AU670K contract with one of Australia's largest energy infrastructure businesses, Australian Gas Infrastructure Group (AGIG).
Matthew Madden, CEO, DXN Limited said that DXN has been contracted to supply a turnkey data centre solution in Perth’s CBD. “This is an exciting project that will result in a full server room being built into an existing high-rise building. AGIG has been able to purchase an entire data centre solution from DXN including design, fit out and commissioning, and all they will need to do when we hand it over is install the IT equipment.”
DXN has been acting as a consultant to AGIG on the strategy, product and installation method required to deliver the best possible solution for AGIG’s needs. “DXN has experience in building data centres and modular data centres and we already work with all the major manufacturers, which means our customers have one single point of contact, saving them significant time and effort. We ensure our customers get the best outcome for their projects regarding technology and overall price,” said Madden.
Madden said, “The timelines on this project are very tight – the data centre is due for completion by midApril. However, our excellent relationships with vendors and contractors, and proven track record will ensure this project will be delivered on time.”
Work on site is due to kick off late January 2020 and is expected to be completed in April 2020.
The Agreement is subject to standard termination provisions for a contract of this nature.
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About DXN Limited
DXN Limited designs, builds, owns and operates data centres. Offering integrated, customised and tailored solutions to clients, DXN provides businesses with the option of delivering solutions to site through containerised modules, or space in DXN’s modular colocation facilities to suit technical specifications and operational requirements. From a single rack in the colocation facilities through to fully customised Edge Infrastructure, DXN can deliver a range of solutions to meet modern data centre requirements. DXN has achieved an industry first and become the first modular data centre developer in the world to receive both Uptime Institute Tier-Ready III and Tier-Ready IV design review awards. For more https://dxn.solutions
About AGIG
Australian Gas Infrastructure Group (AGIG) has approximately 2 million customers across every mainland state and the Northern territory, 34,000km of distribution networks, over 4,000km of gas transmission pipelines, 52 petajoules of gas storage capacity and remote power generation. AGIG’s vision is to be the leading gas infrastructure business in Australia - by delivering for customers, being a good employer, and being sustainably cost efficient.
DXN Limited
ABN: 46 620 888 548
9 Mumford Place, Balcatta, Perth, Western Australia, 6021 W: dxn.solutions | T: 1300 328 239 | E: [email protected]
In 2017, Australian Gas Networks (AGN), Dampier to Bunbury Pipeline (DBP) and Multinet Gas Networks (MGN) came together to form AGIG. The combined distribution, transmission and storage assets make AGIG one of the largest gas infrastructure businesses in Australia.
For more information please contact: Matthew Madden, CEO Katrina Walker, PR T +61 1300 328 239 T: +61 416 333 200 E: [email protected] E: [email protected]
ASX Release authorised by the Board of Directors
DXN Limited ABN: 46 620 888 548
9 Mumford Place, Balcatta, Perth, Western Australia, 6021 W: dxn.solutions | T: 1300 328 239 | E: [email protected]