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NEXTDC Material Advises on New Contracted Commitments in NSW

01 Jul 2020  |  09:05:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: NSW - Material Customer Contract Wins

NEXTDC advised that contracted commitments at its NSW data centre facilities have increased by 4MW, to more than 36MW. Contracted customer commitments plus expansion options at NSW data centres are approaching 60MW. Following these new customer commitments, the Company has committed to completing the S2 fit-out to a total planned capacity of 30MW. Revenue recognition for these new contracted commitments is expected to commence during FY 2021 after completion and commissioning of the associated data halls.

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