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NEXTDC cuts revenue guidance by A$140m as M3 power slips to FY28
Business

NEXTDC cuts revenue guidance by A$140m as M3 power slips to FY28

NEXTDC revised its FY27 net revenue guidance to A$475 million to A$500 million, down from A$615 million to A$640 million, after grid distributor Jemena Electricity Networks suspended the 66kV line augmentation works needed to deliver more power to M3 Melbourne.
4 min read 3 hours ago
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