Contracted Utilisation & Forward Order Book Update
| Stock | NEXTDC Ltd (NXT.ASX) |
|---|---|
| Release Time | 10 Jun 2025, 8:27 a.m. |
| Price Sensitive | Yes |
NEXTDC Announces Contracted Utilisation & Forward Order Book Update
- Contracted utilisation increased by 16MW (7%) to 244MW
- Largest increase from data centre in Kuala Lumpur (KL1), now at 10MW
- KL1 facility to achieve Uptime Institute Tier IV Certification
- Forward order book reached a record level of 135MW
NEXTDC Limited (ASX: NXT) has announced an increase in its pro forma contracted utilisation as at 31 May 2025, up by 16MW (7%) to 244MW since the last update on 6 May 2025. The largest increase in contracted utilisation has come from NEXTDC's data centre under development in Kuala Lumpur, Malaysia (KL1), which now totals 10MW representing 15% of its planned capacity. The KL1 facility is scheduled to go live in early calendar 2026 and is being constructed to achieve Uptime Institute Tier IV Certification for both Design and Construction, representing the highest global standard for fault tolerance, resilience, and operational integrity. Most of the revenue from these new customer contract wins is expected to ramp up during FY27 following the completion and commissioning of additional data halls. The full revenue impact from these contracts will be realised from FY28 onwards. As a result of these wins, NEXTDC's pro forma forward order book, as at 31 May 2025, has reached a record level of 135MW.
NEXTDC's CEO, Craig Scroggie, stated that the KL1 facility represents a strategic milestone in the company's Asia expansion and reinforces its commitment to delivering sovereign, AI-native digital infrastructure across high-growth regional markets. The facility is purpose-built to meet the needs of the AI economy, enabling the production of tokens, the generation of intelligence, and the infrastructure required to transform data into knowledge at scale.