DealsJun 11, 2026, 06:46 AM
Agencia Comercial Spirits Ltd Secures Power Supply for Indonesia AI Project
AI Summary
Agencia Comercial Spirits Ltd announced that its Indonesian subsidiary, PT. AGCC AITECH INDONESIA, has entered into additional electricity supply agreements with PT PLN (Persero) for its planned AI computing infrastructure project. These agreements, along with prior arrangements, establish a dual-feed power supply configuration rated at 55,400 kVA per feed, intended to support an approximately 40MW IT load. The subsidiary will pay an aggregate connection fee of approximately IDR 69.9 billion, plus deposits and variable charges. The company notes these are power procurement arrangements and do not guarantee future revenue or profitability.
Key Highlights
- Agencia Comercial Spirits Ltd's Indonesian subsidiary, PT. AGCC AITECH INDONESIA, entered into additional electricity supply agreements with PT PLN (Persero).
- The agreements establish a dual-feed power supply configuration for a planned AI computing infrastructure project in Indonesia.
- Each power feed is rated at 55,400 kVA, intended to support an approximately 40MW IT load requirement.
- AGCC Indonesia agreed to pay an aggregate connection fee of approximately IDR 69.9 billion, plus deposits and variable charges.
- The agreements are power procurement arrangements and do not guarantee project completion, revenue, or profitability.
Price Impact
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