NEXTDC Updates on its Customer Contract Wins

  • May 01, 2020 AEST
  • Team Kalkine

NEXTDC Limited (ASX:NXT) announced that contracted commitments at its Victorian data centre facilities has improved by ~ 6MW to over 27 MW.

The contracted customer commitments along with expansion options at Victorian data centres is now ~ 60MW. After these customer commitments, NXT would bring out 3MW of incremental capacity in the 4th stage of construction. M2 total would increase to 25MW and total Victorian capacity to 40MW.

Revenue through these new contracted commitments are projected to start in the second half of FY2021 once the associated data halls at M2 gets completed and commissioned.

At AEST 12:40 PM, NXT shares are trading at $9.010, up 1.578% from the previous close.


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