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The gym junkie tech boss whose company sustained a $3 billion wipeout

The company cut profit forecasts and construction spending after community opposition delayed high-voltage power-line work for its West Footscray data centre.

The fortunes of data centre business NextDC took a massive dive this week when its massive expansion plans hit a power pole in suburban Melbourne.

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Sydney Morning HeraldSydney Morning Herald
+3 Reposted by 3 other sources
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The gym junkie tech boss whose company sustained a $3 billion wipeout

The fortunes of data centre business NextDC took a massive dive this week when its massive expansion plans hit a power pole in suburban Melbourne.

·North Sydney, Australia
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Sydney Morning Herald broke the news in North Sydney, Australia on Friday, October 23, 2026.
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