Agencia Comercial Spirits (AGCC) Secures Power Deals for Indonesia AI Project
Key takeaways
- On June 11, 2026, Agencia Comercial Spirits Ltd (NASDAQ:AGCC) announced that its Indonesian subsidiary, PT.
- AGCC Indonesia agreed to pay an aggregate connection fee of about IDR 69.9 billion, along with customer guarantee deposits, ongoing electricity charges, and other customary charges.
- Agencia Comercial Spirits Ltd (NASDAQ:AGCC) procures, distributes, and sells whiskies in Taiwan and internationally.
Agencia Comercial Spirits (AGCC) Secures Power Deals for Indonesia AI Project Jeff Lewis Wed, July 1, 2026 at 6:04 PM GMT+7 1 min read AGCC Agencia Comercial Spirits Ltd (NASDAQ:AGCC) is one of the 10 Fastest Growing Asian Stocks to Buy Now.
On June 11, 2026, Agencia Comercial Spirits Ltd (NASDAQ:AGCC) announced that its Indonesian subsidiary, PT. AGCC AITECH INDONESIA entered into additional electricity supply agreements with PT PLN, Indonesia's state-owned electricity company. The agreements relate to the company's planned AI computing infrastructure project in Indonesia and, together with previous arrangements, establish a dual-feed power supply configuration for the planned data center, with each feed rated at 55,400 kVA.
The electricity supply arrangements are intended to support staged development of the project, including an approximately 40MW IT load requirement, subject to implementation, installation readiness, certifications, PLN requirements, construction progress, equipment procurement, financing, and other conditions. AGCC Indonesia agreed to pay an aggregate connection fee of about IDR 69.9 billion, along with customer guarantee deposits, ongoing electricity charges, and other customary charges. The company said the agreements are power procurement arrangements, not customer revenue contracts, and do not guarantee project completion, utilization, customer adoption, revenue, profitability, or positive cash flow.