Contact Energy, CDC Plan 250MW Data Centre in New Zealand
Synopsis
Contact Energy and Canberra Data Centres are exploring a 250MW data centre in Taranaki, New Zealand, supported by battery storage and expected to create over 600 jobs.
Key Highlights
- Contact Energy and Canberra Data Centres are considering a 250MW data centre in Taranaki, New Zealand.
- The companies plan to apply for resource consent for the project near Contact’s retired Taranaki gas power plant.
- More than 600 jobs could be created during peak construction.
- The data centre would be supported by a co-located battery storage project.
Contact Energy is teaming up with Canberra Data Centres (CDC) to explore a potential data centre in Taranaki, New Zealand.
Contact Energy and ASX-listed CDC plan to apply for resource consent to develop a 250MW data centre near Contact’s Taranaki combined-cycle gas power plant, which was retired earlier this year. The project would also include battery storage and is expected to create more than 600 jobs at the peak of construction.
Companies See Opportunity in Taranaki
Infratil, which holds stakes in both Contact Energy and CDC, said the proposed project was worth exploring.
Infratil CEO Jason Boyes said the project would combine CDC’s data centre expertise and focus on sustainability with Contact Energy’s existing infrastructure, renewable electricity generation and pipeline of renewable energy projects.
Contact Energy CEO Mike Fuge said Stratford was an ideal location to explore a digital hub powered by renewable energy, which could support the Taranaki economy while contributing to New Zealand’s broader energy system.
Source: Capital Brief
At Inspirepreneurs Magazine, covering entrepreneurship, business failures, and the human stories behind the world's most ambitious founders. She writes at the intersection of strategy and storytelling.
You Might Also Like
Parallel Web Systems hits $2B valuation after $100M Series B led by Sequoia
Blackstone Taps Debt Market With $400M Bond Due 2029