Gorilla Technology Group Inc. (NASDAQ: GRRR), a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence, IoT technology, and data centers, announced on October 9, 2026, that it has entered into a non-binding letter of intent for the proposed acquisition of its first data center in the United States.

The company is targeting completion of the transaction by the end of November 2026.

Proposed First US Acquisition Signs LOI

The proposed acquisition concerns an existing operating data center facility with approximately 6 MW of current utility capacity.

During diligence to date, the project team has obtained written support from the local utility for approximately 30 MW of additional power, providing a pathway to approximately 36 MW of total site capacity.

The utility has indicated an approximately 18-month delivery timetable for the additional capacity, subject to required utility and site infrastructure works.

The facility is currently operational and includes existing colocation and office operations. Gorilla is reviewing the existing tenant base, rent roll, lease terms, and historical operating performance as part of its confirmatory diligence.

A Strategic Entry into the US AI Infrastructure Market

The proposed acquisition comprises an existing data center facility with established electrical and cooling infrastructure, carrier-neutral connectivity, and existing colocation and office operations.

Gorilla is evaluating a development program capable of increasing total site power capacity to 36 MW, creating the potential for a substantially larger AI and high-performance computing deployment over time.

The proposed expansion would be undertaken in phases, with additional capacity aligned to customer requirements, available power, and the technical configuration required for next-generation GPU systems.

The facility is currently revenue-generating through existing colocation operations, which are expected to continue following the proposed acquisition, subject to confirmation of the underlying lease terms and transfer arrangements.

Separately, Gorilla is engaging with prospective customers and offtakers regarding future AI compute and GPU capacity associated with the planned expansion of the site.

Leadership Commentary on US Market Strategy

Jay Chandan, Chairman and Chief Executive Officer of Gorilla, described the transaction as "a defining step in Gorilla's expansion into the United States."

He said the company had spent considerable time evaluating how to enter the market and believes the right approach is to own and control the infrastructure that sits underneath the AI economy.

"We are not entering the United States simply to acquire a building. We are establishing the first piece of what we aim to become a significant AI infrastructure business," Chandan said.

He noted that the combination of power, infrastructure, connectivity, and customer demand gives the company the opportunity to build something considerably larger from the initial platform.

Chandan said the company's objective is to control more of the infrastructure stack supporting its customers, and that owning the data center platform gives greater control over deployment timelines, power, cooling, and operating economics.

Combined with customer-led GPU deployment, he believes that creates a significantly stronger long-term business model.

He also framed the acquisition as the foundation for a broader US strategy, stating, "Our ambition is to build beyond 100 MW over the next 12-18 months, combining owned infrastructure, AI compute capacity, and long-term customer relationships. We intend to move quickly, build intelligently, and create a platform capable of supporting customers at a meaningful scale."

Infrastructure Designed for AI Scale

Gorilla's technical review is focused on the site's ability to support high-density AI computing and future expansion.

The company is evaluating the existing electrical, cooling, and network architecture alongside the infrastructure required for subsequent phases, including additional power delivery, distribution, and direct liquid-cooling capability for future high-density GPU deployments.

The company is also assessing the site's utility expansion path, technical upgrade requirements, development timetable, and complete capital expenditure programme.

Gorilla intends to combine physical data-center infrastructure with its existing AI, software, and operational capabilities to create an integrated platform serving enterprise, cloud, and AI customers.

Building Towards More Than 100 MW

Gorilla's stated ambition extends well beyond the proposed first acquisition.

The company is targeting a US data center portfolio exceeding 100 MW of total site power capacity over the next 12 to 18 months through a combination of additional acquisitions, expansion of existing infrastructure, and customer-led AI compute deployments.

Gorilla says it is actively evaluating further opportunities across the United States, with a focus on sites offering attractive combinations of power availability, connectivity, expansion potential, and customer demand.

Where Will the Next Hyperscale Data Center Break Ground in the United States?

With cloud providers, AI workloads, and edge computing demand accelerating across the United States, data center projects are moving from announcement to construction faster than ever. The question is no longer whether capacity will be built, but where, when, and by whom.

Staying ahead of that pipeline means knowing about projects long before they appear in headlines. Whether you supply power infrastructure, cooling systems, or construction services, early visibility into the development cycle gives you the time you need to position your business.

The Global Project Tracking (GPT) platform by Blackridge Research delivers that visibility, tracking data center developments across the United States from early planning through completion, with updates on land acquisitions, permitting milestones, and contractor selections.

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Book a Free Demo to see how the Global Project Tracking (GPT) platform by Blackridge Research can help you capture opportunities across the United States data center market.