Australian data center operator NextDC is raising AU$1.32B of equity to accelerate development and fit-out of centers in its core Sydney and Melbourne markets (Stuart Condie/Wall Street Journal)

Stuart Condie / Wall Street Journal:

Australian data center operator NextDC is raising AU$1.32B of equity to accelerate development and fit-out of centers in its core Sydney and Melbourne markets  —  NextDC reaffirmed the FY 2024 revenue, earnings and capital expenditure guidance issued in February and said it is experiencing record demand