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Positioned for Long-Term Growth in the AI Data Centre Boom

Positioned for Long-Term Growth in the AI Data Centre Boom

Highlights

  • NXT shares rose 3.81% to AUD 13.90 on 16 April 2026, supported by a broader surge in global technology sentiment and record US tech performance.
  • Secured a A$1.0 billion hybrid securities offer backed by La Caisse, boosting pro-forma liquidity to approximately A$5.2 billion.
  • Executed a landmark MoU with OpenAI to develop sovereign AI infrastructure and a GPU supercluster at the S7 Sydney site.
  • Accelerated inventory expansion with FY26 capex guidance raised to A$2.4B – A$2.7B to meet unprecedented demand for AI-ready data centers.
  • Contracted utilization reached 416.6MW, with a 296.8MW order book set to drive revenue and earnings through FY29.
  • Major capacity upgrades…

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