Agencia Comercial Spirits Ltd Expands into AI with PLN Power Deal

TAICHUNG CITY, Taiwan, June 11, 2026 - Agencia Comercial Spirits Ltd (NASDAQ: AGCC), primarily known as an importer and distributor of whisky products, has announced a significant step in its strategic expansion into the AI infrastructure sector. Its Indonesian subsidiary, PT. AGCC AITECH INDONESIA (AGCC Indonesia), has entered into additional electricity supply agreements with PT PLN (Persero), the Indonesian state-owned electricity provider.

This development is crucial for the company's planned AI computing infrastructure project in the region. The new agreements establish a dual-feed power supply configuration, with each feed rated at 55,400 kVA. These arrangements are designed to support the staged development of the project, which aims for an IT load requirement of approximately 40MW. However, the company emphasized that these agreements are infrastructure procurement arrangements and do not guarantee the completion of the project, customer usage, or future profitability.

Transaction Details

• Connection Fee: AGCC Indonesia has agreed to pay an aggregate connection fee of approximately IDR 69.9 billion.
• Dual-Feed Supply: The configuration features two feeds, each rated at 55,400 kVA.
• Strategic Focus: The project targets the growing AI computing capacity market in Southeast Asia while the company continues its core whisky business.
• Operational Risk: Management noted that the project is subject to various risks, including construction progress, financing, and regulatory factors.

The company clarified that these agreements are not fixed-price contracts; electricity charges will vary based on tariffs, usage, and other regulatory factors. Costs are expected to be incurred prior to the generation of any customer revenue from the AI data center operations.