Technology

NEXTDC Expands Contracted Utilisation; KL1 Malaysia Facility Secures Hyperscale Customer

Tue 10 Jun 25, 05:32 AM | Team Kalkine

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Highlights

NEXTDC Limited (ASX:NXT) is an ASX 100-listed technology company that operates data centres under a Data Centre-as-a-Service model, providing digital infrastructure to enterprise, cloud service providers, and government customers. The company’s facilities offer high-availability environments with a focus on secure power, connectivity, and scalability.

The company reported an increase in its pro forma contracted utilisation to 244MW as of 31 May 2025, following a series of customer contract wins. The 7% rise, equivalent to 16MW since the previous update on 6 May 2025, reflects growing demand across its data centre network, with the largest contribution coming from its Kuala Lumpur site currently under development.

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