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CDC, Contact pitch Stratford as renewable-powered datacentre player. Mon, 10 Aug 2026 0 Comments / 0 New Contact Energy chief executive Mike Fuge says a proposal to build a datacentre in Taranaki could help underpin investment in new renewable generation and battery projects. (Image: BusinessDesk composite) Contact Energy and Infratil-backed CDC Data Centres have announced plans to explore development of a 250-megawatt datacentre in Taranaki. In a market announcement on Monday morning, the companies said they will seek resource consent for the project, on land near Contact's retired Taranaki Combined Cycle (TCC) gas-fired power station, which would be supported by co-located battery storage. Contact chief executive Mike Fuge said the facility would be supplied under long-term electricity contracts backed by Contact's pipelin... * Deeply researched, twice-edited and fact-checked news * Annual subscribers also receive a complimentary subscription to The Wall Street Journal * Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers Minimum password length of 8 characters. Require at least one upper and lowercase, numeric, and special character. Annual - including full access to The Wall Street Journal $349.00 Monthly $44.00 All subscriptions auto renew but are easy to cancel. Not convinced yet? Markets sponsored by Award-winning investment expertise, trusted to deliver for the long term UPDATED: Sam Stubbs "flabbergasted". The liquidations were blamed on weak grape demand and poor profitability. Contact's net profit rose 28% to $423 million in the year to June. The critical pipeline supports more than 10% of New Zealand's fuel supply. Inside the discipline behind three decades of growth. First Mortgage Trust The Government's $1.2 billion gas-transition lending scheme could cut borrowing costs for some businesses by about one percentage point, although industry figures say uptake may be slow and the guarantee will not make every fuel-switching project economic. The scheme opened to applications last Friday through ANZ, ASB, BNZ, Kiwibank and Westpac. T Ian Llewellyn 04 Aug 2026 Just one year ago, the coalition Government overturned the ban on petroleum exploration that had been in place since 2018. This week, on July 29, it announced the first new petroleum exploration permit, nine days after New Zealand First pledged to invest $1 billion in a National Subsurface Development Survey. The national survey would include CO2 Greg Hurrell 03 Aug 2026 Market research firm BMI says New Zealand's datacentre market is small but rapidly expanding, primarily through co-location providers mostly based in Auckland. In a July 24 note on NZ's datacentre market, circulated on Tuesday by BMI parent company Fitch Group, the research firm said there was 172MW of capacity in NZ's existing 62 datacentres. A fu Thomas Manch 28 Jul 2026 Wholesale electricity prices have fallen to near-record lows as strong hydro storage, new batteries, and high levels of renewable generation reshape the winter market, raising questions about policy direction and future investment decisions. Forsyth Barr's latest Power Points report says June wholesale prices were the third-lowest for any June on r Ian Llewellyn 07 Jul 2026 On the Money (OTM) is our column of general frippery we observed within the worlds of business and government this week. Wellington played host this week to another contribution to the Treasury's ongoing seminar series on global disorder, when Ministry of Foreign Affairs and Trade deputy secretary Vangelis Vitalis delivered a talk hosted by the Tre Dileepa Fonseka 04 Jul 2026 BusinessDesk is partnering with The Boardroom Table to publish its monthly league table of NZX directors who sit on multiple boards. Since The Boardroom Table first published its NZX board director benchmark, one name has sat consistently at the top: Pip Greenwood. Chairwoman of The a2 Milk Company and non-executive director of Fisher & Paykel Heal The Boardroom Table 18 Jun 2026 Infratil will continue to pump cash into datacentres and renewable energy. The infrastructure investor said on Tuesday it could sell another $1 billion in assets, on top of more than $1b it will pocket from reducing its stake in Contact Energy and selling Fortysouth and Infratil Property investments, and RetireAustralia. Medical imaging business Rebecca Stevenson 27 May 2026 If you're sick of reading about artificial intelligence, look away now. Infratil pointed to AI as a growth driver in its full-year result, with stronger earnings led by its datacentre and renewable energy businesses. Both CDC Data Centres and Longroad Energy's success are tethered to AI: CDC signed the largest-ever Australian datacentre contract Rebecca Stevenson 26 May 2026 Infratil will add almost $500 million to its war chest with a sell-down of its stake in Contact Energy. On Wednesday morning, the infrastructure investor said it would sell more than 53 million Contact shares for about $495m or $9.25 per share, reducing its shareholding to 9.08%. It said the sale would provide Infratil with additional flexibility Rebecca Stevenson 20 May 2026 CDC Data Centres' new "mega" contract shows both Australia and New Zealand are on the map for large-scale intelligence generation, Infratil boss Jason Boyes says. On Wednesday, the companies announced a new deal with a US customer, which was dubbed mega, supersized, and monster, for 555 megawatts (MW) to be delivered from existing and under-constr Rebecca Stevenson 07 May 2026

Contact Energy partners with CDC for Taranaki data centre. August 9, 2026 at 08:39 PM UTC - By FilingReader AI Contact Energy has partnered with CDC Data Centres to explore developing a 250 MW data centre in Stratford, Taranaki. The proposed facility would be supported by co-located battery storage and supplied with electricity under a long-term contract backed by the company's renewable development pipeline. The site offers significant advantages, including 500 MW of consented grid-scale batteries, existing grid connections, and high-capacity fiber connectivity. Alongside this initiative, Contact Energy reported a full-year result for FY26, driven by the acquisition of Manawa Energy and a significant lift in renewable generation. Operating earnings rose 31% to NZD $1,011m, while net profit increased 62% to NZD $423m. The company achieved 98% renewable generation and declared a final ordinary dividend of 24 cents per share, bringing the total annual dividend to 40 cents per share. This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact [email protected] Primary source document.

CDC files plans for Data Center in Kemps Creek, Sydney. Aug 05, 2026 Posted by Abdul-Rahman Oladimeji Published in CDC Cyber Data Center International Australian data center operator CDC has filed plans for a new campus in western Sydney. The company submitted a SEARS application to the New South Wales government for a data center at 871-901 Mamre Road in Kemps Creek. The proposed 88.4-hectare development would feature a four-story, 144MW facility spanning 34,000 sqm (365,970 sq ft), along with an on-site substation. The project could attract investment of up to AU$1.8 billion (US$1.2 billion). The four-parcel site is currently occupied by two homes and several agricultural buildings, including former cattle and poultry farming facilities. Sydney is one of Australia's largest data center markets, with Microsoft, Stockland, and ISPT all pursuing developments in the Kemps Creek area. Founded in 2007 and backed by Infratil, CDC operates or is developing nearly 20 data center sites across Sydney, Canberra, Melbourne, and Auckland. CDC has more than 600MW of data center capacity in operation and development across Australia and New Zealand, with a further 1.6GW pipeline through 2034. In Sydney, CDC operates the Eastern Creek campus, with 123MW live and more than 100MW under construction, while its Marsden Park site could scale beyond 1GW.