Sydney Approvals Ease Data-Center Capacity Concerns -- Market Talk

Dow Jones
2025/12/29

2337 GMT - Planning approvals for new Sydney data centers should alleviate concerns that NextDC and DigiCo are running out of saleable capacity, Jefferies analyst Roger Samuel reckons. He tells clients in a note that the NSW state government last week approved NextDC's new S4 center, the expansion of DigiCo's existing central center, and Goodman's site near Sydney's airport. With the three positive decisions coming in the space of about 24 hours, Samuel sees the approvals as evidence that the government is increasingly supportive of developments. Approval for NextDC's S5 center is likely to come early in 2026, he adds. (stuart.condie@wsj.com)

 

(END) Dow Jones Newswires

December 28, 2025 18:37 ET (23:37 GMT)

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