Highlights

  • 1414 Degrees has agreed to acquire Vast Solar Aurora Pty Ltd, securing 100% ownership of the Aurora Energy Precinct.
  • The Acquisition consolidates project entities, site interests and development approvals under 1414 Degrees.
  • Aurora has a Heads of Agreement covering proposed development of up to 1 GW of AI data centre infrastructure.
  • Stage 1 includes a 140 MW / 280 MWh battery energy storage system.
  • The project has progressed to commercial transmission access negotiations with ElectraNet.

1414 Degrees Limited (ASX:14D) has agreed to acquire Vast Solar Aurora Pty Ltd, giving the company full ownership and control of the Aurora Energy Precinct in South Australia and removing the project’s previous joint venture structure.

1414 Degrees shares were trading at AUD 0.065, up 8.33%, during the morning session on 1 September 2026. The stock remained up 225.00% over the past year.

The transaction gives 1414 Degrees direct control over SiliconAurora Pty Ltd and consolidates the project entities, site interests and development approvals associated with Aurora under a single ownership structure.

Aurora Ownership Consolidated

1414 Degrees has continued leading development of Aurora since Vast Solar Aurora entered administration in November 2025.

During that period, the company progressed the proposed 275 kV transmission connection, identified a potential earlier-stage 33 kV development pathway and signed a Heads of Agreement for proposed development of up to 1 GW of AI data centre infrastructure.

The latest transaction removes the previous joint venture arrangement and gives 1414 Degrees full strategic and commercial control of the precinct.

The company said the simplified structure will allow it to progress financing discussions, engage directly with prospective customers and Capital partners, and stage development according to market demand.

1414 Degrees will acquire Vast Solar Aurora for $350,000.

The company said SiliconAurora, 1414 Degrees and Vast Solar Aurora have collectively invested more than $10 million in the site, approvals and project development.

In 2022, Vast Solar Aurora acquired a 50% interest in SiliconAurora from 1414 Degrees for $2.5 million, of which $1.5 million was payable upon achieving transmission connection. Vast Solar Aurora also invested more than $1.76 million through Shareholder loans to SiliconAurora.

Data Centre Plans Advance

Aurora is being positioned as a firmed renewable energy and infrastructure precinct for mining, data centres and other high-intensity energy users.

In July 2026, 1414 Degrees announced a Heads of Agreement with an Australian data centre developer and operator covering proposed development of up to 1 GW of AI data centre infrastructure at the site.

The company sees Aurora’s combination of land, power infrastructure and staged development capacity as relevant to energy-intensive users requiring scalable and reliable electricity supply.

1414 Degrees also cited broader growth in Australia’s data centre market, noting total Investment pipelines estimated between $150 billion and $155 billion.

No final development agreement, construction timetable or Revenue contribution for the proposed AI data centre infrastructure was disclosed in the announcement.

Power Infrastructure in Focus

Aurora covers approximately 1,580 hectares, or 16 square kilometres, near Port Augusta in South Australia’s Upper Spencer Gulf region.

The precinct is approved for large-scale solar generation and grid-scale battery storage, with further land available for additional generation, storage and industrial infrastructure.

Its approved Stage 1 development includes a 140 MW / 280 MWh battery energy storage system.

1414 Degrees said the project has completed key technical requirements for its proposed transmission connection and has progressed to commercial transmission access negotiations with ElectraNet.

The company has also identified a potential 33 kV connection pathway that could support earlier-stage development before the larger proposed 275 kV transmission connection is completed.

Any connection remains subject to technical, commercial and regulatory processes.

Broader Development Potential

Aurora also holds development approvals covering solar generation and long-duration thermal energy storage.

The company intends to develop the precinct in stages, with infrastructure expansion aligned to customer demand.

With full ownership secured, management said its focus is on progressing customer engagement, financing and commercially viable development opportunities.

The company is positioning Aurora as an integrated site where renewable generation, battery storage and high-demand industrial or digital infrastructure can operate together.

That approach also aligns with 1414 Degrees’ broader clean-energy and industrial decarbonisation strategy.

Management Commentary

Executive Chairman Dr Kevin Moriarty said full ownership gives 1414 Degrees control of what the company considers a strategically important energy and infrastructure site.

He highlighted approval from AEMO for connection of the battery energy storage system and the Heads of Agreement covering up to 1 GW of proposed AI data centre infrastructure.

Dr Moriarty said Aurora combines substantial land, scalable power infrastructure, renewable generation and storage potential in a location suited to major energy users.

He added that the company’s current focus is on converting those attributes into staged, commercially viable projects and revenue opportunities.

1414 Degrees’ Wider Platform

Alongside Aurora, 1414 Degrees is developing an integrated clean-energy and industrial decarbonisation platform based around silicon technologies.

Its core platforms include SiNTL, a silicon-enhanced anode material designed for lithium-ion batteries, and SiBrick, a silicon-based thermal energy storage medium.

The company is also developing SiBox, an industrial heat-as-a-service technology designed to convert renewable electricity into dispatchable high-temperature heat, and SiPHyR, a silicon-based methane pyrolysis reactor intended to produce low-emissions hydrogen and solid carbon.

Aurora represents the infrastructure component of this wider strategy and is designed to support firmed renewable electricity alongside high-demand users.

What Investors May Be Watching

The key near-term focus is likely to remain on how 1414 Degrees advances Aurora now that the project sits under a single ownership structure.

The company has several development pathways already in progress, including commercial transmission negotiations, a potential 33 kV connection route, the Stage 1 140 MW / 280 MWh BESS and the proposed AI data centre development.

Full ownership gives 1414 Degrees greater control over financing, customer engagement and project sequencing, but each development element remains subject to its own commercial, technical and regulatory requirements.

The company has not provided specific Earnings guidance or a timetable for revenue generation from Aurora in the announcement.