Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Pilot Energy Limited ( (AU:PGY) ) has shared an announcement.
Pilot Energy has rebranded its planned Arrowsmith data facility as the Dongara Data Centre and confirmed that an initial 1 MW modular unit will be installed in early March 2026, with capacity expected to rise to 4 MW by mid-2026, positioning it as the first live data centre in Western Australia’s Mid West and among the state’s top 10 by power capacity. The project, developed with partner Kala Data and powered by existing 4.4 MW gas generators, is designed to generate near-term positive cash flow to support Pilot’s transition of the Cliff Head project into a carbon storage asset, while the partners assess a significant expansion to 30–35 MW across Arrowsmith or the Three Springs Hybrid Solar BESS project, underscoring the strategic shift of Pilot’s legacy energy infrastructure into digital and low-carbon applications.
The most recent analyst rating on (AU:PGY) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Pilot Energy Limited stock, see the AU:PGY Stock Forecast page.
More about Pilot Energy Limited
Pilot Energy Limited is an Australian energy company listed on the ASX that is repurposing its existing gas-fired infrastructure, including the Arrowsmith facility and the Cliff Head oil project, toward new revenue streams and a longer-term transition into carbon storage and renewable energy-linked projects in Western Australia’s Mid West region.
Technical Sentiment Signal: Sell
Current Market Cap: A$8.68M
See more insights into PGY stock on TipRanks’ Stock Analysis page.