"Investing heavily in growth": Contact eyes data centre build after reporting record profit
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Contact Energy's putting serious thought into data centres after reporting record earnings.
The gentailer's made $423 million annual profit – up nearly 28%.
It's now in talks with Australian firm CDC Data Centres for a 250 megawatt data centre in Taranaki.
Shareholders Association CEO Oliver Mander told Mike Hosking that the companies looking at data centres are investing heavily in growth, and Contact is no exception.
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