TECO Opens the Year on a High Note with USD79 million Southeast Asia Data Center Contract

MorningStar
2026.02.06 02:03
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TECO Electric & Machinery Co., Ltd. has secured contracts worth approximately USD79 million for hyperscale data center projects in Malaysia and Thailand, marking a significant milestone in its Southeast Asia expansion. The projects involve power system integration and fiber-optic telecommunications infrastructure for a U.S.-based cloud service provider. TECO aims to strengthen its position as a key AIDC infrastructure provider in the Asia-Pacific region, with expectations of steady growth in data center-related orders in 2026, driven by increasing global demand for AI computing and cloud services.