DigiCo Infrastructure REIT (ASX:DGT) disclosed key financial results and operational updates at its 2026 Annual General Meeting on 11 November 2026, reporting underlying EBITDA of $127 million for the year, ahead of guidance of $125 million, on underlying revenue of $239 million.

Key Points

  • Underlying EBITDA of $127 million exceeded guidance of $125 million, with underlying revenue of $239 million for FY26
  • Distributions of 12.0 cents per security were in line with guidance, supported by Adjusted FFO of $71 million
  • Available liquidity stood at $706 million as at 30 June 2026, with gearing of 39% within the target range of 35 to 45%
  • A 15-year contract for 71MW of capacity at SYD1 was executed with a global technology firm, with SYD1 now fully contracted across its entire 88MW
  • Chicago 1 sale completed on 10 September 2026, with sale of Los Angeles assets continuing to progress

FY26 Financial Results and Balance Sheet Position

Chair Joseph Carrozzi AM told securityholders that underlying EBITDA for FY26 reached $127 million, ahead of the company's guidance of $125 million, on underlying revenue of $239 million. Adjusted FFO came in at $71 million, supporting distributions of 12.0 cents per security, in line with guidance. As at 30 June 2026, available liquidity stood at $706 million and gearing was 39%, within the stated target range of 35 to 45%. The filing states that on completion of US asset sales, gearing is expected to fall to a pro-forma 18%, with pro-forma liquidity of approximately $1.2 billion.

SYD1 Contract and Operational Milestones

The filing disclosed that in October, DGT executed a 15-year contract for 71MW of capacity at its SYD1 data centre with a global technology firm, supported by investment grade credit. With the remaining 17MW leased to co-location customers, SYD1 is now fully contracted across its entire 88MW capacity. The company also completed a 20MW upgrade at SYD1 during the year, described in the filing as delivered on time and on budget. Group Billed IT Capacity reached 85MW across the portfolio during the year.

AGM Resolutions and Board Matters

At the meeting, securityholders were asked to consider three resolutions: the adoption of the Remuneration Report, the re-election of Joseph Carrozzi AM as a Director, and the re-election of Rachel Grimes AM as a Director. Stephen Mayne submitted a nomination for election as a director; the Board recommended that securityholders vote against his election. Voting on all resolutions was conducted by way of poll, with results to be released to the ASX following closure of the meeting. The filing identified directors Rachel Grimes, Stephanie Lai, Kelly O'Dwyer, and David Di Pilla as board members, alongside Equity Trustees Limited directors Andrew Godfrey and David Warren.