Highlights
New Singapore regional HQ opened 13 March 2026; Lumina CloudInfra acquisition confirmed 19–20 April 2026.
Indian portfolio: BOM1, BOM2, BOM3, MAA1, HYD1 — ~600MW planned, up to US$5bn development value.
Platform total: 3.3GW+ across 20 campuses in Australia, Singapore, Japan, Malaysia, Hong Kong and India.
A$16bn refinancing closed August 2025; India publicly flagged by CEO Robin Khuda in November 2025.
Australian capex on record: A$5bn committed to MEL2, with stated intent to triple Australian capacity.
NEXTDC is executing its own regional expansion; CDC and Macquarie Data Centres continue to position as Australian-headquartered sovereign operators.
On 19 April 2026, AirTrunk confirmed the acquisition of Lumina CloudInfra, an Indian data centre developer with campuses in Mumbai, Chennai and Hyderabad, transferring five sites (BOM1, BOM2, BOM3, MAA1 and HYD1) into the AirTrunk platform. The transaction adds approximately 600MW of planned capacity and up to US$5 billion of future development value, and marks AirTrunk's first operational presence in the Indian market. Lumina was a Blackstone portfolio company at the time of the deal, meaning both buyer and seller sat under Blackstone ownership following its A$24 billion AirTrunk take-private in December 2024.
India is the sixth market on the AirTrunk platform, alongside Australia, Singapore, Japan, Malaysia and Hong Kong, and lifts total operating and planned capacity past 3.3GW across 20 campuses. The acquired portfolio covers the three largest Indian hyperscale markets: Mumbai, Chennai and Hyderabad.
The move was publicly signalled six months in advance. In November 2025, CEO Robin Khuda told Bloomberg and Data Center Dynamics that India would be AirTrunk's next market, citing the country's demographic profile and rising AI demand, and described planning as "pretty advanced" at that time. An A$16 billion refinancing closed in August 2025.
Five weeks before the acquisition, on 13 March 2026, AirTrunk opened a new Asia regional headquarters at Ocean Financial Centre in Singapore's Raffles Place district, co-locating senior design, development, treasury, legal and corporate teams and flagging Singapore headcount growth.
AirTrunk Platform Snapshot, April 2026
Market | Campuses | Notes |
Australia | SYD1, SYD2, SYD3, MEL1, MEL2 | 1.2GW+ operating and planned; A$5bn MEL2 committed |
Japan | TOK1, TOK2, OSK1, OSK2 | US$1.24bn green loan closed March 2026 |
Malaysia (Johor) | JHB1 + phases | Operating and expanding |
Singapore | Regional HQ at Ocean Financial Centre | Opened 13 March 2026 |
Hong Kong | HKG1 | Operating |
India | BOM1, BOM2, BOM3, MAA1, HYD1 | ~600MW planned; up to US$5bn development value |
Total | 20 campuses | 3.3GW+ operating and planned |
Timeline
Date | Event |
Dec 2024 | Blackstone/CPP A$24bn take-private completes |
Aug 2025 | A$16bn refinancing closes |
Nov 2025 | India flagged as next market |
Dec 2025 | A$5bn MEL2 committed; platform passes 2.6GW |
Mar 2026 | US$1.24bn green loan closes in Japan |
13 Mar 2026 | New Singapore regional HQ opens |
19–20 Apr 2026 | Lumina CloudInfra acquisition confirmed |
The Australian Position
AirTrunk's Australian commitments remain on the public record. The A$5 billion MEL2 campus, committed in December 2025, is the largest single Australian data centre campus commitment reported for AirTrunk to date, and management has stated an intent to triple planned Australian capacity. Australia accounts for approximately 1.2GW of the 3.3GW platform total.
The March 2026 Singapore headquarters consolidates senior design, treasury and legal functions for the six-market platform under Blackstone ownership, which completed the A$24 billion take-private in December 2024. The relative share of Australia within the platform will fall as new markets are added, while absolute Australian capex continues to grow in line with announced commitments.
Australian Connectivity Context
Data residency for Australian customers is determined by each customer's architecture and by Australian regulation. Australian privacy law, the December 2025 National AI Plan and sovereign-AI procurement preferences support keeping regulated workloads in-country. AirTrunk's Australian customer notification states that only operational information relating to its Australian sites may be accessed from overseas for support purposes.
International traffic (inter-region replication, global SaaS, some LLM inference) is carried by submarine cables, which account for approximately 97–99% of Australia's international internet traffic. The December 2025 Indigo West fault temporarily disrupted Australia–Singapore paths. Diverse intercapital and submarine routes, including SUBCO's SMAP hypercable and Indigo Central, directly serve AirTrunk, NEXTDC, CDC and Equinix sites.
Other Australian-Headquartered Operators
Operator | Current offshore activity | Headquarters | Public signals |
NEXTDC | KL1 (65MW) live early 2026; JB1 planned; Bangkok (BOI-approved), Tokyo, Singapore under evaluation; A$2.2bn Asia debt facility | Brisbane (ASX: NXT) | Active Asia expansion programme |
CDC Data Centres | Auckland, Silverdale, Hobsonville operational since 2022 | Canberra | Continued NZ expansion; Australian government and defence customer base |
Macquarie Data Centres | Australia-only (Sydney, Canberra) | Sydney | Parent Macquarie Asset Management holds Aligned Data Centers and Polarise globally |
DCI Data Centers | AU + NZ + SE Asia presence | Sydney (Brookfield-owned) | Continued regional build-out |
NEXTDC's public disclosures identify KL1 as operational in early 2026, JB1 in pipeline, and Bangkok, Tokyo and Singapore under evaluation, funded by an A$2.2 billion Asia-focused debt facility. CDC's disclosed offshore footprint remains in New Zealand. Macquarie Data Centres' Australian operations are complemented by separate global data centre activity within Macquarie Asset Management.