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Gorilla Technology Signs Letter of Intent to Acquire First US Data Center

Gorilla Technology Signs Letter of Intent to Acquire First US Data Center

MT newswireMT newswire2026/10/09 13:46

09:46 AM EDT, 10/09/2026 (MT Newswires) -- Gorilla Technology Group (GRRR) said Friday that it has signed a non-binding letter of intent to acquire its first data center in the US. Fincancial terms were not disclosed. The UK-based company said the data center has approximately 6 megawatts of current utility capacity with the ability to boost that to 36 megawatts of total site power capacity. Gorilla said it is reviewing the existing tenant base, rent roll, lease terms, and historical operating performance as part of its due diligence and is targeting completion of the proposed acquisition by the end of November. Price: 11.67, Change: -0.27, Percent Change: -2.26

09:46 AM EDT, 10/09/2026 (MT Newswires) -- Gorilla Technology Group (GRRR) said Friday that it has signed a non-binding letter of intent to acquire its first data center in the US. Fincancial terms were not disclosed. The UK-based company said the data center has approximately 6 megawatts of current utility capacity with the ability to boost that to 36 megawatts of total site power capacity. Gorilla said it is reviewing the existing tenant base, rent roll, lease terms, and historical operating performance as part of its due diligence and is targeting completion of the proposed acquisition by the end of November. Price: 11.67, Change: -0.27, Percent Change: -2.26
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