World News
Australia’s largest datacentre operator NextDC’s shares dive as Melbourne expansion delayed
Source: World news | The Guardian · Published
NextDC tells investors plans to double the size of its west Melbourne datacentre have hit obstacle after community objects to 22 metres-high power poles Get our breaking news email , free app or daily news podcast Australia’s largest datacentre operator has been forced to delay t
NextDC tells investors plans to double the size of its west Melbourne datacentre have hit obstacle after community objects to 22 metres-high power poles Get our breaking news email , free app or daily news podcast Australia’s largest datacentre operator has been forced to delay the controversial expansion of its M3 site in Melbourne’s west amid a pause in construction of new 22m power poles following community protest. On Wednesday, NextDC told the Australian Stock Exchange that delays to electricity provider Jemena’s upgrade of the power poles – essential to delivering the increased electricity required by the expanded West Footscray site – would mean the expansion would be pushed back to the 2027/2028 financial year. Continue reading...
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