IT service management company NEXTDC is reportedly planning a $56 million expansion in Malaga, targeting the AI trend.
Seeking $1.3 billion from equity markets for nationwide growth, the company highlights new data centres in Sydney and Melbourne.
The Malaga Project involves a five-story building on a 10,000m2 site adjacent to an existing facility, with an estimated power draw of 2MW.
The City of Swan supports the plan, pending a decision by a development assessment panel.
Full story: https://grafa.com/news/nextdc--asx-nxt--targets-ai-trend-with--56m-malaga-expansion-217380
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