StockWatch
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Beverages (Production/Distribution)
ExpansionJun 11, 2026, 06:41 AM

Agencia Secures Dual-Feed Power for Indonesia AI Project

AI Summary

Agencia Comercial Spirits Ltd. announced that its Indonesian subsidiary, AGCC Indonesia, has secured additional electricity supply agreements with PT PLN for its planned AI computing infrastructure project in Indonesia. These agreements establish a dual-feed power supply, each rated at 55,400 kVA, to support an approximate 40MW IT load requirement for the data center. AGCC Indonesia will pay an aggregate connection fee of approximately IDR 69.9 billion. This marks a significant infrastructure procurement milestone for Agencia's strategic expansion into AI computing and cloud services, though the company notes the agreements are not revenue contracts and the project faces substantial risks.

Key Highlights

  • Agencia's Indonesian subsidiary secured additional electricity supply agreements with PT PLN.
  • The agreements establish a dual-feed power supply configuration for the planned data center.
  • Each power feed is rated at 55,400 kVA.
  • The planned AI computing infrastructure project has an approximate 40MW IT load requirement.
  • AGCC Indonesia will pay an aggregate connection fee of approximately IDR 69.9 billion.
  • This represents an infrastructure procurement milestone for the company's AI computing expansion.
  • The agreements are power procurement arrangements and not customer revenue contracts.
  • The AI computing strategy remains subject to significant business, operational, and financing risks.