Construction begins on NextDC’s S3 data center in Sydney
Phase 1 of development started, due for completion in H2 2022
Phase 1 of development started, due for completion in H2 2022
P2 is also connected to Perth's Indigo cables for links to Sydney and Asia
New S3 data center on its way, but a recession could affect the company
Planning to add 100MW of capacity
Stakeholders believe the trust’s current value could have been underestimated
And the government ignores NextDC’s request to block 360 takeover
As the company’s bid for APDC loses support of the board
In yet another attempt to outbid its rival, NextDC
Stating a takeover by the fund manager would be impossible
Though the trust’s board says this doesn’t mean shareholders should accept the higher share price offer
With AU$300m of debt financing funds
Puts in unconditional offer above that of 360 Capital
To cut short attempts by 360 Capital Group to replace its management team