$148m giant data centre for Auckland CBDPosted by MMP News AuthorOn May 15, 2023
“We are not that different to a road, rail or port asset. What we are building is the infrastructure that’s supporting the growth of the digital economy” – NextDC CEO Craig Scroggie. Photo / File
Another giant data centre has been announced for Auckland – and this time it’s not in the northwest but the CBD.
ASX-listed NextDC will spend A$140 million ($148m) on its first New Zealand data centre with a power requirement of 10 megawatts, with a possible maximum capacity of 15MW.
The Australian firm is raising A$618m by issuing new shares (the A$416m institutional leg of its raise closed yesterday; a retail offer for the balance is open until the end of this month). Part of the new capital will also be used for expansion into Malaysia.
“Building upon the success we have achieved in Australia over the past decade, we aim to replicate our proven business model in these new markets,” NextDC chief executive Craig Scroggie said.
NextDC has not commented on the location of its Auckland data centre, but records show it has bought five parcels of land to form a block surrounded by Nelson and Hobson streets near spaghetti junction. The land totals 2580sq m, and has a combined rateable value of $21.9m.
All of the properties were sold late last year to NextDC NZ (a fully owned subsidiary formed in September) by PC Campbell Investments.
Vector chief executive Simon McKenzie earlier told the Herald that Auckland’s wave of new “hyperscale data…
