Contact Energy looking into data centres after releasing record earnings - report
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Contact Energy is putting serious thought into data centres, after reporting record earnings.
The gentailer's made a $423 million annual profit - up nearly 28 percent.
It's now in talks with Australian firm CDC Data Centres, for a 250 megawatt data centre in Taranaki.
Forsyth Barr equity analyst Andrew Harvey-Green says CDC has a good track record, and grid and fibre connections are ready to go at the site.
He explained Contact covers the generation side - so from an New Zealand-inc perspective, he's positive about what data centres could do.
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