NextDC plans an A$1.5 billion equity raise as Sydney data-center demand surges
businessstocks 2 posts · 2 accounts
NextDC is raising A$1.5 billion and lifting FY26 capex to support a 350MW Sydney rollout as demand for data-center capacity keeps climbing.
From the sources (2 posts)
@businessAustralian data center operator NEXTDC will undertake a A$1.5 billion ($1.1 billion) capital raising, boosting its coffers as demand for capacity at its facilities surges
@techmemeAustralian data center operator NextDC plans to raise AU$1.5B in equity for its 350MW Sydney site rollout, and raises its FY26 capex by AU$300M to AU$2.7B-AU$3B (Sneha Kumar / Reuters) (Visit Techmeme dot com for the link and full context!