GlobeNewsWire
11 Jun 2026, 10:40 UTC · 2h ago
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4 claims · each scored for market impact
Agencia Comercial Spirits Ltd is pivoting from whisky distribution to build AI computing infrastructure in Indonesia with a planned 40MW IT load. — Entering the high-growth AI data center market is a significant strategic shift that could fundamentally change the company's valuation and risk profile.
+0.40The company has secured dual-feed power supply agreements with PT PLN (Persero), each rated at 55,400 kVA, for its Indonesian project. — Securing power is a critical infrastructure milestone for data centers, reducing execution risk for the project's viability.
+0.20The electricity agreements are not fixed-price and do not guarantee customer contracts, revenue, or project completion. — The lack of guaranteed revenue or fixed costs introduces significant operational and financial uncertainty to the expansion.
-0.20Continue reading
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AGCC Indonesia will pay an aggregate connection fee of approximately IDR 69.9 billion to PLN. — This represents an immediate cash outflow and increased capital expenditure before the project generates any revenue.
-0.10Which stocks this story touches
The company reached an infrastructure procurement milestone by securing power supply agreements for its AI data center expansion.
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