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

The company aims to close the deal by the end of November 2026. The target is an existing, operating data center facility with roughly 6 MW of current utility capacity.

Powering Growth: Securing Additional Capacity for Future Success

As part of diligence carried out so far, the project team has secured written support from the local utility for about 30 MW of additional power, which would take total site capacity to approximately 36 MW.

The utility has signalled an approximate 18-month delivery timetable for the extra capacity, conditional on required utility and site infrastructure works. The facility already generates revenue through colocation and office operations.

Gorilla is examining the current tenant base, rent roll, lease terms, and historical operating performance during confirmatory diligence, and the existing colocation operations are expected to continue after the proposed acquisition, subject to confirmation of lease terms and transfer arrangements.

AI Infrastructure Ambition Behind the Deal

The company is assessing a development program that could lift total site power capacity to 36 MW, opening the potential for a substantially larger AI and high-performance computing deployment over time

Any expansion would proceed in phases, with added capacity matched to customer requirements, available power, and the technical configuration needed for next-generation GPU systems.

The facility offers established electrical and cooling infrastructure along with carrier-neutral connectivity.

Gorilla is separately in discussions with prospective customers and offtakers about future AI compute and GPU capacity tied to the planned site expansion.

Jay Chandan, Chairman and Chief Executive Officer of Gorilla, called the transaction "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 beneath 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 added that the combination of power, infrastructure, connectivity, and customer demand gives the company the opportunity to build something considerably larger from the initial platform.

Technical Review Focused on High-Density AI Computing

Gorilla's technical evaluation centers on the site's capacity to host high-density AI computing and support future growth.

The review covers the existing electrical, cooling, and network architecture, along with what later phases would require, including additional power delivery, distribution, and direct liquid-cooling capability for future high-density GPU deployments.

The company is also mapping the site's utility expansion path, technical upgrade needs, development timetable, and full capital expenditure program.

The stated goal is to combine the physical data center infrastructure with Gorilla's existing AI, software, and operational capabilities to form an integrated platform serving enterprise, cloud, and AI customers.

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.

Target of More Than 100 MW Within 12 to 18 Months

The proposed first acquisition sits within a wider US strategy. Gorilla is targeting a domestic data center portfolio exceeding 100 MW of total site power capacity over the next 12 to 18 months, pursued through additional acquisitions, expansion of existing infrastructure, and customer-led AI compute deployments.

The company states it is actively evaluating further opportunities across the United States, prioritizing sites that combine attractive power availability, connectivity, expansion potential, and customer demand.

"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," Chandan said.