NextDC raising $1.5b to meet ‘unprecedented’ data centre spconcludeing plan

Tess Bennett


The countest’s largest listed data centre developer, NextDC, is raising $1.5 billion after increasing the amount it will spconclude this year on building the digital infrastructure requireded to power artificial innotifyigence by $300 million.

On Monday, the Brisbane-based company announced a fresh equity raising and lifted its capital expconcludeiture guidance for the full year to $3 billion, up significantly on guidance provided in February.

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