Maas Group deepens Firmus stake with $300m investment and $855m in new AI data centre contracts

The construction firm's expanded role in the Australian AI infrastructure build-out underscores the scale of capital flowing into hyperscale facilities ahead of Firmus's planned IPO.

By Handelsavisen Newsroom · Automated 2026-08-04 03:09 UTC · 1 min read

Australian construction group Maas has increased its financial exposure to data centre developer Firmus Technologies, injecting an additional $300 million into the firm while securing $855 million in new electrical contracts.

The deal solidifies Maas's position as a key infrastructure partner in the rapid expansion of AI computing facilities across the region.

2%, aligning the construction group's interests with the developer's growth trajectory.

The investment brings Maas's total stake in Firmus to 3.2%, aligning the construction group's interests with the developer's growth trajectory.

The new contracts cover critical electrical works for Firmus's ongoing projects, which are designed to support the surging demand for artificial intelligence infrastructure.

This move highlights the deepening integration between traditional construction firms and the tech-driven data centre sector.

Firmus Technologies, which has previously announced a strategic partnership with Nvidia Corp to enhance computing power access for emerging AI companies, is preparing for an initial public offering later this year.