HIGHLIGHTS

X2M Connect Limited is pleased to advise that its partner Resi Ventures has completed settlement for land located approximately 10 kilometres from Ballarat’s central business district in regional Victoria.

• X2M’s data centre development partner Resi Ventures has completed settlement of land within Ballarat, securing the location for the first data centre precinct under the five-year partnership announced on 11 June 2026
• This is the first key milestone for the proposed precinct, advancing the development of a circular economy driven, GPU-accelerated data centre with X2M’s platform proposed to manage the power and cooling
• The precinct is planned to host a data centre of between 10 and 100 MW capacity, alongside a 10+MW battery energy storage system, heavy electric vehicle charging, an anaerobic biodigester and hot house horticulture
• X2M is collaborating with Resi Ventures to become the Al-enabling integration layer for the precinct, optimising resource usage and driving the expected 10-20% savings in the estimated $15m per annum energy bill for a 10MW data centre
• X2M and Resi Ventures are working together on a pipeline of data centre expansion opportunities across Australia with one additional site already owned and a further site under negotiation, extending a relationship that now spans smart residential communities and data centre precincts
• Australia’s data centre and connectivity infrastructure is projected to require up to A$135 billion of investment by 2035, highlighting the scale of the opportunities available