AirTrunk MEL2 - Melbourne North-West

Status: Under Construction (Multi-Phase)   |   Location: Melbourne’s North-West Suburbs


Project Overview

The commencement of construction on AirTrunk MEL2 in January 2026 marks a significant leap in Australia's capacity to host global Artificial Intelligence workloads. Situated in Melbourne's North-West, this 354 MW campus is being developed with an investment exceeding AUD $5 billion. When combined with AirTrunk’s existing MEL1 facility, the company’s total deployable capacity in Melbourne will reach a staggering 630 MW, solidifying the city's status as a top-tier digital hub in the Asia-Pacific region.

MEL2 is explicitly designed as an AI-first facility. Recognizing the shift toward high-density compute, AirTrunk has integrated large-scale direct-to-chip liquid cooling technology into the core design of the campus. This allows the facility to support the extreme thermal requirements of next-generation GPU clusters used for training Large Language Models (LLMs). Despite this massive power density, the project targets an industry-leading PUE of 1.15, utilizing advanced power management and the naturally favorable climate of Melbourne to minimize energy overhead.

The project is a major win for the Victorian economy, with the state government, via Invest Victoria, providing strategic support. Construction is expected to create over 4,000 jobs during its multi-phase build, with an additional 200 direct operational roles upon completion. This development aligns perfectly with Australia’s National AI Plan, which aims to position the country as a global leader in responsible AI. By providing the "foundational steel" for this digital shift, MEL2 ensures that global hyperscalers and domestic enterprises have the scale they need to innovate locally.

Sustainability remains a cornerstone of the MEL2 strategy. The project is financed through Sustainability-Linked Loans (SLL), which tie financial performance to meeting strict carbon and water efficiency targets. AirTrunk has committed to 100% renewable energy matching for the site, leveraging Australia's maturing green energy grid. As the first phase moves toward a 2027 go-live, MEL2 stands as a benchmark for how massive industrial scale can be balanced with environmental stewardship and regional economic growth.


Quick Facts

FieldValue
Project NameAirTrunk MEL2 - Melbourne North-West
LocationMelbourne’s North-West Suburbs
StatusUnder Construction (Multi-Phase)
CommissioningPhase 1: H2 2027
Total IT Load354 MW
Total Capacity630 MW (Combined with MEL1)
Tier LevelTier III+ Equivalent
Project TypeHyperscale / AI-Ready Campus

City Profile

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City NameMelbourne
Population≈ 5.1 million
Urban Agglomeration≈ 5.2 million
City GDP≈ USD 330 billion
Per Capita Income≈ USD 60,000
City TierTier 1 / Alpha Global City
Key StrengthsGlobal financial and business hub, strong digital and data center ecosystem, advanced infrastructure, skilled workforce, innovation and R&D, high quality of life, education and research institutions, gateway to Asia-Pacific markets

Companies Involved

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Developer / Operator AirTrunk
Strategic Infrastructure Partner Invest Victoria / Macquarie Asset Management
Construction Contractor Tier 1 Australian Contractor (Confidential)
MEP Engineering Aurecon
Network Connectivity Telstra / Vocus / TPG Telecom
Power Infrastructure AusNet Services

Technical Specifications

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Power CapacityDedicated On-site High-Voltage Substation
UPS RedundancyN+1 Distributed Redundancy
Cooling System Large-scale Direct-to-Chip Liquid Cooling
Connectivity Diverse Fiber Paths; Low-latency to SYD Region
PUE Target 1.15
Energy Mix 100% Renewable Matching (Solar/Wind Offtake)

Milestones

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Announcement December 24, 2025
Construction Start January 2026
Phase 1 Go-Live H2 2027 (Estimated)
Full Buildout 2029

Investment Details

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Total InvestmentAUD $5 Billion (~USD $3.3 Billion)
Funding Sustainability-Linked Loan (SLL) Financing

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