Alcoa to Sell Ten Closed Sites to Data‑Centre Operators, First Sale Expected by June 2026

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February 25, 2026

Alcoa Corporation announced that it will sell ten closed or curtailed sites to operators in the data‑centre industry, with the first transaction slated to close by the end of June 2026.

The company’s CEO, Bill Oplinger, said the firm is focused on selling these non‑core assets into the data‑centre space, noting that the first sale will occur in the first half of the year and that two additional sites could follow quickly. Oplinger explained that the company is evaluating the value of each site in a data‑centre or AI context, reflecting the growing demand for power‑intensive infrastructure.

Alcoa’s Q4 2025 results were strong, with revenue of $3.45 billion and an adjusted earnings per share of $1.26, both exceeding analyst expectations. The sale of the ten sites is expected to generate cash and reduce liabilities, allowing the company to reinvest in its core aluminium business and other strategic initiatives.

Investors responded positively to the announcement, indicating confidence in Alcoa’s asset‑monetization strategy. The move aligns with a broader industry trend of repurposing industrial sites for data‑centre infrastructure, as seen in similar transactions by peers such as Century Aluminum. By monetizing these non‑core assets, Alcoa positions itself to benefit from AI‑driven data‑centre demand while maintaining focus on aluminium production.

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