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04:11

Nextdc Raises $1.07B to Accelerate Sydney Data Center Expansion

Nextdc has initiated a A$1.5 billion capital raise to enhance its Sydney data center project, S4 in Horsley Park. With existing shareholders offered new shares and investor La Caisse committing A$700 million, the company also increased its 2026 capital expenditure forecast by A$300 million.
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