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Key FactsNextDC delays Melbourne data centre expansion
Oct 21, 2026 · Reading time: ~30 sec.
Summary created with AI assistance · Source: theguardian.com
  • NextDC said Jemena halted work over safety concerns, lack of site access and opposition; the local council had not approved the 22-metre poles.

  • After trading resumed Wednesday, shares fell from above $9 to $5.69; net revenue guidance dropped from $615m–$640m to $475m–$500m.

  • The expansion is intended to raise capacity from 60MW to 225MW, and NextDC has already sold that processing capacity to customers.

  • NextDC and Jemena are considering alternative power supplies, including pole routes through industrial areas and underground connections.
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