CDC Data Centres – half owned by infrastructure investor Infratil – says it has secured the largest data centre contract in Australia’s history, a 555 megawatt deal that takes its total contracted capacity to over one gigawatt.

The 30-year contract is with an as-yet-unidentified United States high-end investment-grade customer and is inclusive of renewal options of up to 20 years.

Milford Asset Management's Jeremy Hutton explained further.

LISTEN ABOVE

CDC Data Centres – half owned by infrastructure investor Infratil – says it has secured the largest data centre contract in Australia’s history, a 555 megawatt deal that takes its total contracted capacity to over one gigawatt.
The 30-year contract is with an as-yet-unidentified United States high-end investment-grade customer and is inclusive of renewal options of up to 20 years.
Milford Asset Management's Jeremy Hutton explained further.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Jeremy Hutton: Milford Asset Management expert on Infratil's shares going up following data centre deal

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/8c03714f-8b41-472b-b4ad-b4420083db23/transcript