Gorilla advances AI data center projects after financings

Gorilla Technology Group has announced that two recent bond financings are enabling accelerated execution of its AI infrastructure programmes in Indonesia, India, and Thailand.

• The company said the financings raised $232 million in aggregate gross proceeds and are being used to support NeutraDC Batam and the Yotta 2 programme; Gorilla also said its $125 million capital raise supports a signed contract representing about $2.5 billion of expected revenue over five years.
• In Indonesia, the first phase of NeutraDC Batam is targeted for September 2026 and December 2026, with remaining capacity in H1 2027; in India, Yotta 1 covers 640 servers and 5,120 GPUs and is expected by end of August 2026, while Yotta 2 is structured for 20,736 GPUs in New Delhi.
• In Thailand, Gorilla said the 200MW IT-load campus could support 100,000 to 110,000 next-generation GPU equivalents and has an illustrative gross revenue potential of $16 billion to $18 billion over five years, subject to contracting and financing.