Amazon takes $45m hit on abandoned Auckland data centre build

Amazon to take $45m hit after canning NZ data centre plan

Amazon's New Zealand data centre arm has taken a roughly $45 million hit after shelving a planned West Auckland development, newly filed accounts...

Amazon takes $45m hit, abandons planned West Auckland data centre

Despite the write-down, Amazon appeared to be continuing to invest heavily in its New Zealand footprint.

Amazon takes $45m hit on abandoned Auckland data centre build

Amazon’s AWS (Amazon Web Services) revenue nearly doubled in New Zealand last year. But AWS’s sister company, the data centre-focused Amazon Data Services,...

$7.5bn West Auckland Data Center Construction Halted as Amazon takes $45m Financial Write-down

West Auckland Data Center construction project in Westgate has been abandoned by Amazon after a $45 million financial write-down. West Auckland Data Center development initially targeted hyper scale cloud expansion in Auckland’s growing digital infrastructure market. However, the project stopped before construction activities began on site. Additionally, the decision reflects a broader reassessment of global […] The post $7.5bn West Auckland Dat…

Amazon shelves Auckland data centre project after $45m write-down

Amazon’s New Zealand data centre subsidiary has reported a nearly $45 million financial hit after abandoning plans for a major West Auckland development, according to newly released accounts. The company recorded a $44.9 million impairment tied to land earmarked for a proposed hyperscale facility, widely understood to be the previously announced Westgate project. The write-down pushed Amazon Data Services New Zealand Ltd to a pre-tax loss of $36…