Gorilla Technology signs non-binding letter of intent for its first US data centre and targets more than 100 MW of US capacity

Infrastructure Laurenceo Intelligence Gorilla Technology Group · United States

The deal is valued mainly for its path to utility power rather than its current size. This suggests that securing grid capacity, not building facilities, is what determines entry into AI infrastructure. Because the letter of intent is non-binding and most of the capacity depends on future utility delivery, investors and customers should treat the 36 MW and 100 MW figures as targets until closing and power energisation are confirmed.

What Happened

On 9 October 2026, Gorilla Technology Group (NASDAQ: GRRR) announced a non-binding letter of intent to buy an operating US data centre with about 6 MW of current utility capacity. The company said the local utility has given written support for about 30 MW of additional power, giving a route to about 36 MW in total, and that it aims to complete the deal by the end of November 2026. Its wider US strategy targets more than 100 MW over the next 12 to 18 months.

Why It Matters

The deal is valued mainly for its path to utility power rather than its current size. This suggests that securing grid capacity, not building facilities, is what determines entry into AI infrastructure. Because the letter of intent is non-binding and most of the capacity depends on future utility delivery, investors and customers should treat the 36 MW and 100 MW figures as targets until closing and power energisation are confirmed.

Sources

More From This Briefing

This story is part of the Laurenceo Intelligence briefing for 11 October 2026, a daily sourced briefing on AI, technology and enterprise risk published in Bermuda by Laurenceo, founded by Jorai Laurenceo. It is produced by an automated research pipeline and checked before publication; how this is made. General information only, not legal, regulatory or financial advice.