TOURISE and Globant Unveil Game-Changing Report on Agentic Tourism that Sets New Standards for AI-Driven Destination Innovation

 

^{TOURISE and Globant Unveil Game-Changing Report on Agentic Tourism that Sets New Standards for AI-Driven Destination Innovation}


RIYADH, Saudi Arabia, Nov 4 (Bernama-BUSINESS WIRE) -- Imagine a traveler’s perfect day planning itself, rerouting around a rainstorm, prompting a café to add staff before the lunch rush, suggesting a quiet gallery when crowds swell. This is the promise of Agentic Tourism, an AI-powered operating model introduced in a new white paper by TOURISE and Globant, a digitally native company that helps organizations thrive in a digital and AI-powered future, with strategic contribution from Kearney. The report, titled Tourism’s AI Takeover: Reinventing Travel through Agentic Tourism, presents a practical framework for transforming the tourism experience, making it more seamless, intelligent, and emotionally resonant.

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In 2024, tourism generated 10.9 trillion dollars, nearly 10 percent of global GDP, and is projected to reach 16.5 trillion dollars by 2035. AI in the tourism market is expected to grow from 3.4 billion dollars in 2024 to 13.9 billion dollars by 2030; destinations face a clear choice, evolve with coordinated AI adoption or risk fragmentation, inefficiency, and diminished traveler satisfaction.

Released ahead of the inaugural TOURISE Summit in Riyadh this November 11 to 13, 2025, the white paper offers a roadmap for public and private sector leaders to apply AI across five key dimensions: experience, operations, sustainability, wellbeing, and economic opportunity. The goal is to help destinations across the entire tourism ecosystem act now, scale responsibly, and remain human-centered.

A Coordinated Model for the Future of Travel

Agentic Tourism introduces a system of autonomous AI agents governed by people and shared standards. These agents are designed to deliver measurable impact. They aim to reduce wait times, boost satisfaction scores, increase eco-friendly bookings, and unlock new economic value. The model includes five agent archetypes:

• Experience Maximizer curates and adapts itineraries in real time, managing disruptions and enhancing personalization.
• Operations Optimizer balances staff, assets, and services to improve efficiency and reduce bottlenecks.
• Regeneration Guardian surfaces environmental and social impacts to promote responsible travel choices.
• Wellness Agent uses contextual data to support traveler health, comfort, and safety.
• Opportunity Connector matches visitors’ interests to local networks, events, and collaborators to create economic value.

The white paper serves as a strategic playbook, helping tourism destinations, governments, operators, platforms, and communities implement these innovations without losing the human touch that defines meaningful travel.

“Agentic Tourism is not just a model. It is a movement and those who adopt it first will shape the trajectory of future sector disruption,” said His Excellency Ahmed Al-Khateeb, Minister of Tourism and Chairman of the Board of TOURISE, “AI empowers every country to embrace an era that uplifts both established and emerging destinations, ensuring inclusive access for all. To accelerate innovation across tourism and its converging sectors, TOURISE will continue to collaborate with industry experts on a series of white papers presenting actionable data and high-impact research to address the sector’s most pressing challenges.”

“Tourism’s next chapter will be championed by destinations that orchestrate technology around people, not the other way around,” said Martín Migoya, CEO and Co-Founder at Globant, “Agentic Tourism provides a blueprint to digitize end-to-end digital experiences so hosts, travel operators, and destinations can transform isolated innovations into interconnected, adaptive and meaningful interactions at every journey.”

Download the full white paper and request an invitation to the TOURISE Summit at TOURISE.com.

About TOURISE

TOURISE is the world’s premier platform shaping a new horizon for global tourism.

Powered by the Saudi Ministry of Tourism, the inaugural TOURISE Summit will take place 11–13, November 2025 in Riyadh. TOURISE will convene visionaries from government, business, investment, and academia to unlock the innovations that will drive holistic impact initiatives and transformative deals that will reset the industry and build a tourism sector that is sustainable, equitable, and future-focused.

Physically exclusive and digitally inclusive, TOURISE will ensure broad global participation while providing targeted access to visionaries shaping the future of global tourism. Following the Summit, TOURISE will extend as a year-round platform where bold ideas become real-world solutions.
This is where the next 50 years of tourism are shaped. Together, we are unstoppable.

For more information about TOURISE, visit www.TOURISE.com and connect with the focused solutions.

About Globant

At Globant, we help organizations thrive in a digital and AI-powered future. Our industry-focused solutions combine technology and creativity to accelerate enterprise transformation and design experiences customers love. Through digital reinvention, our subscription-based AI Pods, and Globant Enterprise AI platform, we turn challenges into measurable business results and promised savings into real impact.

• We have more than 30,000 employees and are present in over 35 countries across 5 continents, working for companies like Google, Electronic Arts, and Santander, among others.
• We were named a Worldwide Leader in AI Services (2023) and a Worldwide Leader in Media Consultation, Integration, and Business Operations Cloud Service Providers (2024) by IDC MarketScape report.
• We are the fastest-growing IT brand and the 5th strongest IT brand globally (2024), according to Brand Finance.
• We were featured as a business case study at Harvard, MIT, and Stanford.
• We are active members of The Green Software Foundation (GSF) and the Cybersecurity Tech Accord.
• We are global partners of Open AI, NVIDIA, AWS and Unity bringing world-class technology together to accelerate innovation across industries.

For more information, visit www.globant.com. Sign up to get first dibs on press news and updates.

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Contact

pr@globant.com

Source : TOURISE

Well-Positioned for Resilient Growth

Key Highlights 

·  Divestment of Jem office is expected to complete by 12 November 2025. Upon completion, approximately S$8.9 million1 gain on disposal will be available for distribution to Unitholders.
·  Retail portfolio achieved positive rental reversion of 8.9%2.
·  Portfolio occupancy improved to 95.0%3,4 driven by active leasing efforts at Building 3 in Milan.
·  Weighted average cost of debt improved to 3.09% p.a. (vs. 3.46% p.a as at 30 June 2025).
·  Inclusion in iEdge Singapore Next 50 Index enhances global visibility and investor recognition.
·  Awarded the Regional Sector Leader (Retail Asia Listed) in GRESB 2025 assessment and maintained 5 Star rating. 

SINGAPORE, Oct 31 (Bernama-GLOBE NEWSWIRE) -- Lendlease Global Commercial Trust Management Pte. Ltd. (the “Manager”), the manager of Lendlease Global Commercial REIT (“Lendlease REIT”), announces its first quarter business updates for FY2026.

Jem office divestment nears completion

The condition precedent for the divestment of Jem office has been fulfilled, and the transaction is expected to complete by 12 November 2025. Upon completion, the net sales proceeds will be predominately used to repay borrowings, lowering aggregate leverage to approximately 35% on a proforma basis, and terminate associated hedges. A disposal gain of approximately S$8.9 million1 will also be available for distribution to Unitholders.

Operational Performance 

As of 30 September 2025, Lendlease REIT’s portfolio committed occupancy improved to 95.0%3,4. Its retail portfolio continued to demonstrate strength with an occupancy rate exceeding 99%. Occupancy at the Milan office portfolio increased to 88.5%4 from 81.6% in June 2025, supported by active leasing efforts at Building 3.

The lease expiry profile remained well-distributed, with 7.9%5 of net lettable area (“NLA”) and 11.6%5 of gross rental income (“GRI”) due for renewal in FY2026. The portfolio continued to reflect a long weighted average lease expiry (“WALE”) of approximately 7.0 years6 by NLA and 4.8 years6 by GRI.

Positive retail rental reversion

Lendlease REIT’s retail portfolio continued to achieve positive rental reversion of 8.9%2 as at 30 September 2025. Tenant retention was 52.2% mainly due to the exit of Cathay Cineplexes, which has been replaced with Shaw Theatres. Excluding Cathay Cineplexes, tenant retention will be 72.9%.

Visitation continued to improve during the quarter, rising 7.7% year-on-year (“YoY”), supported by targeted initiatives and active engagement efforts. These include campaigns by Singapore government agencies and marketing activations at 313@somerset to drive overall footfall and international interest along Orchard Road. Tenant sales dipped 0.8% YoY7. Excluding the contributions from Cathay Cineplexes8, tenant sales remained largely stable. 

Capital Management 

During the quarter, S$115.5 million of loans have been refinanced. As at 30 September 2025, Lendlease REIT’s gross borrowings were S$1,668.9 million, with a weighted average debt maturity of 2.6 years. The debt portfolio remained fully unsecured, with S$136.1 million in undrawn facilities available to support working capital needs. Sustainability-linked financing represented approximately 93% of total committed debt facilities. 

Approximately 68% of borrowings were hedged to fixed rates, and the weighted average cost of debt improved to 3.09% per annum9 as at 30 September 2025. The interest coverage ratio based on the last reported financial results as at 30 June 2025 is 1.6 times10,11.

Mr. Guy Cawthra, Chief Executive Officer of the Manager, said, “The portfolio continued to demonstrate resilience this quarter, underpinned by healthy operating metrics and disciplined capital management. With the divestment of Jem Office nearing completion, we feel confident that Lendlease REIT is well positioned for resilient growth.” 

Award and Recognition 

Inclusion in iEdge Singapore Next 50 Index 

On 22 September 2025, Lendlease REIT was included in the iEdge Singapore Next 50 Index, enhancing its visibility and further expanding its investor base. Average daily trading volume of Lendlease REIT has doubled to approximately 10 million units by volume and around S$6 million by value. Year-to-date from January 2025, Lendlease REIT’s unit price has increased by approximately 14%12, outperforming the FTSE ST REIT Index by around 5 percentage points.

GRESB 2025 Regional Sector Leader in Asia Retail (Listed) 

Lendlease REIT continued to demonstrate outstanding performance and top the 2025 GRESB ranking. It was awarded the Regional Sector Leader in Retail Asia (Listed), achieving the highest-tier 5 Star rating for its Environmental, Social and Governance (“ESG”) performance and strong leadership in sustainability. This was also the sixth consecutive year that Lendlease REIT has emerged as the Regional Sector Leader in the Retail Asia (Listed) category. 

In addition, Lendlease REIT scored “A” for Public Disclosure, demonstrating its commitment to continually improve its performance in ESG transparency and stakeholder engagement.

About Lendlease Global Commercial REIT 

Listed on 2 October 2019, Lendlease Global Commercial REIT (“Lendlease REIT”) is established with the principal investment strategy of investing, directly or indirectly, in a diversified portfolio of stabilised income-producing real estate assets located globally, which are used primarily for retail and/or office purposes.

As at 30 June 2025, its portfolio comprises leasehold properties in Singapore namely Jem (an office and retail property) and 313@somerset (a prime retail property) as well as freehold interest in Sky Complex (three Grade A commercial buildings) in Milan. These five properties have a total net lettable area of approximately 2.0 million square feet, with an appraised value of S$3.76 billion. Other investments include a stake in Parkway Parade (an office and retail property) and development of a multifunctional event space on a site adjacent to 313@somerset. 

Lendlease REIT is managed by Lendlease Global Commercial Trust Management Pte. Ltd., an indirect wholly-owned subsidiary of Lendlease Corporation Limited. 

About the Sponsor - Lendlease Corporation Limited 

Lendlease Corporation Limited is a market-leading Australian integrated real estate group. Headquartered in Sydney, it is listed on the Australian Securities Exchange.

Its core capabilities are reflected in its operating segments of Investments, Development and Construction. The combination of these three segments provides them with a sustainable competitive advantage in delivering innovative integrated solutions for its customers. For more information, please visit: www.lendlease.com. 

For more information on Lendlease REIT, please contact Investor Relations: 

Lendlease Global Commercial Trust Management Pte. Ltd.
Ling Bee Lin
enquiry@lendleaseglobalcommercialreit.com
Tel: +65 6671 7374

Important Notice 

This press release is for information purposes only and does not constitute or form part of an offer, invitation or solicitation of any offer to purchase or subscribe for any securities of Lendlease Global Commercial REIT (“Lendlease REIT”) in Singapore or any other jurisdiction nor should it or any part of it form the basis of, or be relied upon in connection with, any contract or commitment whatsoever. 

The value of units in Lendlease REIT (the “Units”) and the income derived from them may fall as well as rise. Units are not obligations of, deposits in, or guaranteed by Lendlease Global Commercial Trust Management Pte. Ltd. (the “Manager”), DBS Trustee Limited (as trustee of Lendlease REIT) or any of their affiliates.

This press release may contain forward-looking statements that involve risks and uncertainties. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements as a result of a number of risks, uncertainties and assumptions. Representative examples of these factors include (without limitation) general industry and economic conditions, interest rate trends, cost of capital and capital availability, competition from similar developments, shifts in expected levels of property rental income, changes in operating expenses, (including employee wages, benefits and training costs), property expenses and governmental and public policy changes and the continued availability of financing in the amounts and the terms necessary to support future business.

An investment in Units is subject to investment risks, including the possible loss of the principal amount invested. Holders of Units (“Unitholder”) have no right to request the Manager to redeem or purchase their Units while the Units are listed. It is intended that Unitholders may only deal in their Units through trading on Singapore Exchange Securities Trading Limited (“SGX-ST”). Listing of the Units on SGX-ST does not guarantee a liquid market for the Units.

This press release is not to be distributed or circulated outside of Singapore. Any failure to comply with this restriction may constitute a violation of United State securities laws or the laws of any other jurisdiction.

The past performance of Lendlease REIT is not necessarily indicative of its future performance.
________________________
1 Excluding acquisition fee paid in units and Divestment Fee which the Manager intends to elect to be paid in units.
2 Year-to-date as at 30 September 2025, comparing the weighted average rent of outgoing and incoming leases.
3 Upon the completion of Jem office divestment, portfolio committed occupancy will be 94.1%.
4 Lettable area for Milan assets is based on latest valuation report.
5 Upon the completion of Jem divestment, lease expiry by NLA and GRI for FY2026 will be 9.4% and 13.1%, respectively.
6 Upon the completion of Jem office divestment, WALE will be 4.7 years (by NLA) and 2.9 years (by GRI).
7 1Q FY2026, compared against the corresponding period in FY2025.
8 The Cathay Cineplexes space was vacated at end-March 2025 and subsequently replaced by Shaw Theatres, which is undergoing fit-out works.
9 Excludes amortisation of debt-related transaction costs.
10 Calculation is in accordance with the Property Funds Appendix of the Code on Collective Investment Schemes (“PFA”). The ICR in accordance with loan agreements exceeds 2.5 times, in excess of debt covenant at 2.0 times.
11 Per the PFA, calculation is based on a trailing 12 months period ending on the date of the latest reported financial results. For Lendlease REIT, the last reported financial results is as at 30 June 2025.
12 Based on Lendlease REIT unit price as at 15 October 2025.

SOURCE: DBS Trustee Limited as Trustee of Lendlease Global Commercial REIT (“LREIT”)

--BERNAMA 

Trinity Expands Global Footprint with Acquisition of EVERSANA’s APACME Advisory Services

 

Trinity to provide expanded services and expertise to clients in APACME region

WALTHAM, Mass., Nov 3 (Bernama-BUSINESS WIRE) -- November 3, 2025 - Trinity, a leader in global life sciences commercialization solutions and recognized for being a strategic, tech-enabled commercialization company that empowers pharma, biotech, and medtech organizations to advance medical innovations, announced today the acquisition of EVERSANA’s advisory services operation in Asia-Pacific and the Middle East (APACME).

The strategic acquisition will transition EVERSANA’s advisory services operation in APACME to Trinity, further advancing Trinity’s mission to empower life sciences organizations across the globe with tech-enabled strategy, insights, and analytics. It also marks a new era for Trinity, as the company expands its integrated portfolio to deliver greater impact for pharmaceutical, biotech, and medtech companies worldwide, deepening its expertise and local presence in APACME—a rapidly growing region for life sciences innovation. The acquisition expands Trinity’s global presence in Singapore, Tokyo, Mumbai, Shanghai, Sydney, and Dubai, following its July 2025 opening of its Mexico City office.

“Trinity is thrilled to welcome EVERSANA’s APACME team to our global family,” said Leslie Orne, CEO of Trinity. “This acquisition not only strengthens our footprint in Asia-Pacific and the Middle East but also brings together two high-performing teams dedicated to delivering real-world impact for our clients and the patients they serve. The team’s local leadership, strong client relationships, and proven excellence in consulting are the perfect complements to Trinity’s evidence-based approach and technology-enabled capabilities. Together, we are uniquely positioned to help life sciences companies achieve commercial and clinical success across every stage of the product lifecycle.”

Since its founding nearly 30 years ago, Trinity has established itself as a leader in life sciences advisory and technology solutions. Trusted by more than 350 global clients, Trinity is recognized for being a strategic, tech-enabled commercialization company that empowers pharma, biotech, and medtech organizations to advance medical innovations. In 2025, Trinity was again named to Forbes’ Best Management Consulting Firms list and secured a Leader position in Everest Group’s PEAK Matrix® for Life Sciences AI and Analytics.

In conjunction with the acquisition, Trinity and EVERSANA have also entered into a strategic collaboration to benefit shared life sciences clients in the region. EVERSANA will sustain its broader commercialization operations and continue to deliver comprehensive services, including compliance, field deployment, and market access solutions, to clients throughout the APACME region.

About Trinity
Trinity powers the future of life sciences commercialization through the fusion of human and artificial intelligence. By blending deep therapeutic expertise and trusted human ingenuity with a purpose-built technology platform, Trinity accelerates clarity and confidence at every step of the commercialization journey—from pre-launch to scale to loss of exclusivity. For more than 30 years, the world’s leading pharmaceutical, biotech, and medtech companies have relied on Trinity’s foresight, execution, and partnership to deliver confident product launches, decisive market advantage, and measurable patient impact. For more information, visit Trinity Life Sciences at www.trinitylifesciences.com.

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Contact

Richard Lorenzen, rlorenzen@fifthavenuebrands.com

Source : Trinity

EBC Financial Group, University of Oxford To Tackle Financial Literacy In New Webinar

KUALA LUMPUR, Oct 31 (Bernama) -- EBC Financial Group (EBC) and the University of Oxford’s Department of Economics have announced the next instalment of their acclaimed "What Economists Really Do" (WERD) webinar series.

According to EBC in a statement, the free online webinar, “Think Like an Economist: Financial Literacy and Economic Understanding in an Age of Complexity”, will take place on Nov 11.

This third collaboration builds on previous sessions examining tax evasion and climate economics, and will feature EBC Financial Group (UK) Ltd chief executive officer, David Barrett, University of Oxford Professor Michael McMahon, and moderator Professor Banu Demir Pakel.

Recent Organisation for Economic Co-operation and Development (OECD) findings show 66 per cent of adults lack basic financial literacy, while 39 per cent of UK adults admit to low confidence managing money.

The panel will explore why households and experts interpret economic systems differently and introduce the "Three Es" framework — Explanation, Engagement, and Education—as a pathway to better understanding.

“The biggest challenge to financial literacy today is not complexity; it is  complacency. People assume AI and algorithms can handle all aspects of thinking. But without understanding the economic forces behind data, you are following patterns, not gaining insight,” said Barrett.

Meanwhile, Professor McMahon said: "One of the most striking findings in our research is how even highly educated individuals struggle with basic economic concepts that affect their daily financial decisions.”

He added that this webinar will show how simple interventions—like accessible teaching and clearer central bank communication—can make a measurable difference.

Barrett, a veteran of global finance with nearly 40 years’ experience at firms including AIG, NatWest, and Nomura International, is a returning WERD panellist, having previously discussed "The Economics of Tax Evasion". Professor McMahon, a leading researcher in monetary policy and central bank communication, brings academic depth to the conversation.

-- BERNAMA

Bodor Laser Honored at Red Dot Award: Design Concept 2025 Ceremony

Three flagship products recognized for design excellence, with the handheld laser welder winning the prestigious “Best of the Best.” 

SINGAPORE, Oct 30 (Bernama-GLOBE NEWSWIRE) -- Bodor Laser, a global leader in laser cutting and welding solutions, received high recognition at the Red Dot Award: Design Concept 2025 ceremony in Singapore. Three flagship products—the next-generation handheld laser welder, sheet laser cutting machine, and tube laser cutting machine—were honored for exceptional design innovation and industrial excellence.

Among them, Bodor’s handheld laser welder claimed the prestigious “Best of the Best” award—the competition’s highest accolade—marking a milestone and reinforcing its influence in the global laser equipment industry.

Founded in 1955, the Red Dot Award is among the world’s top three design honors, alongside Germany’s iF Design Award and the U.S. IDEA Award. Known for strict criteria and global influence, the “Best of the Best” title goes to under one percent of submissions—celebrating products that set new standards in innovation, functionality, and aesthetics.

Bodor’s designs embody a philosophy uniting technology and aesthetics. Each product reflects user insight and human-centered engineering—from ergonomic structures and intuitive interfaces to modular construction and safety systems. This harmony of elegance and performance defines Bodor’s philosophy—merging minimalist aesthetics with advanced technology. By turning complexity into clarity and engineering into art, Bodor drives innovation and design excellence in the laser industry.

Behind these achievements stands Bodor’s manufacturing ecosystem. Its Global Headquarters in Jinan, spanning 200,000 square meters, features intelligent production lines and digital systems with annual output exceeding 20,000 units. The upcoming Southern Headquarters in Shenzhen, focused on high-end R&D and manufacturing, will add over 5,000 units yearly, strengthening supply chains and service networks across South China and Southeast Asia.

With this latest honor, Bodor becomes the first laser equipment brand worldwide to win the Red Dot “Best of the Best” distinction. To date, the company has received five Red Dot Awards, four iF Design Awards and international prizes, including MUSE, Good Design (U.S.), and French Design Awards.

Looking ahead, Bodor Laser stays true to its vision—technology as the foundation, design as the wings, and users at the heart. Through innovation and design integration, the company delivers laser solutions that unite functionality and beauty, driving global industry toward a new era of intelligent and aesthetic manufacturing.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4eb618f8-2c3f-452c-99fa-597a09b6c380

Contacts
Dennis Wang
info@bodor.com
Bodor Laser Inc.
www.bodor.com 

SOURCE: Bodor Laser Inc.

--BERNAMA 

Global Computing Consortium Hosts CGC 2025, Unveiling Over 20 Breakthrough Achievements and Industry Standards

SHENZHEN, China, Oct 31 (Bernama-GLOBE NEWSWIRE) -- The 2025 Global Computing Conference (CGC 2025), hosted by the Global Computing Consortium (GCC), will take place on November 7–8, 2025, at the Shenzhen Convention and Exhibition Center (Futian) under the theme “Building New Foundations, Powering NewIntelligence-Embracing the Al Future” The event will focus on trend insights, technology solutions, resource alignment, and scenario implementation—accelerating innovation across the intelligent computing ecosystem.

As China’s AI computing industry faces key challenges, CGC 2025 will spotlight solutions for scaling intelligent infrastructure. The Main Forum will release regional computing industry reports covering Southeast and Central Asia, providing data-driven insights into market differentiation and development opportunities. Topics include AI supernode architecture, computing interconnect innovations, integrated AI–general computing frameworks, and large models as the operating system of the intelligent world. Experts will discuss the path toward embedding large models into over 50% of core industry applications within the next two years.

Bringing together over 600 global experts from academia, industry, and investment sectors, CGC 2025 creates a fully interactive experience—combining trend discussions, technical deep dives, and hands-on demonstrations. The Intelligent Computing Forum will debut HiF8, a new Chinese-designed floating-point data format for low-precision AI computing, and share AI chip optimization practices and intelligent computing service standards to advance heterogeneous computing and data center evolution.

Over 20 technical standards and achievements—including Confidential Computing and the next-generation BIOS framework—will be released, defining technology roadmaps for the next three years. The 2025 Global Most Valuable Practice Solutions.

(GMVPS 2025) will showcase real-world deployments across finance, energy, and healthcare. Immersive exhibition zones such as CloudDeviceXR and Embodied AI Robotics will enable visitors to experience cutting-edge innovations firsthand.

CGC 2025 stands as a results-driven platform—where industry leaders connect, collaborate, and co-create the intelligent computing future.

Media contact
Company Name: Global Computing Consortium (GCC)
Contact: Morris Ju
Add: Shenzhen Science and Technology Pioneer Park, Futian District, Shenzhen, Guangdong, China
Email: icd@gccorg.com
Phone: 86+13811332860
Website: https://en.gccorg.com/ 


SOURCE: Global Computing Consortium (GCC)

INNIO Secures Record 2.3 GW Order To Power AI-Driven Data Centres

 

INNIO Secures Largest Order in Company History (c) INNIO

KUALA LUMPUR, Oct 21 (Bernama) -- INNIO Group has announced its largest power delivery order to date is a 2.3-gigawatt (GW) power infrastructure project comprising 92 power packs, each capable of generating 25 megawatts (MW).

The project, developed in collaboration with VoltaGrid, will strengthen INNIO’s position as a key energy solutions provider for the rapidly expanding data centre sector in the United States (US).

INNIO Group President and Chief Executive Officer (CEO), Dr Olaf Berlien said the order reflects the company’s technological capabilities and its role in supporting the growth of artificial intelligence (AI) infrastructure.

“This landmark order underscores the strength of INNIO’s technology and our ability to power the AI revolution with smart, high-performance energy solutions,” he said in a statement.

Meanwhile, VoltaGrid CEO Nathan Ough said the partnership with INNIO represents a significant step towards building energy infrastructure for the AI era.

“Together with INNIO, we are delivering a scalable solution that combines grid-grade performance with ultra-fast response, zero battery reliance and near-zero emissions,” he said.

The project utilises INNIO’s Jenbacher technology to provide prime, backup and peak power through a single integrated platform, offering enhanced operational flexibility for data centre operations.

The system maintains full power and efficiency even in ambient temperatures of up to 50 degrees Celsius and is designed to handle rapid load fluctuations. INNIO estimates the technology to be up to 10 per cent more efficient than alternative systems, potentially saving more than US$300 million in fuel costs annually across the total installed capacity. (US$1=RM4.21)

-- BERNAMA