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Coverage dated October 20, 2026 to October 21, 2026

Australians also don’t like data centers: NextDC shares fall 42% after community opposition stalls a grid upgrade

Headline from Fortune

NextDC also cut capital spending by up to 750 million Australian dollars and put new data center projects and land purchases on hold.

Fortune's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

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Reports & sources

2 articles, oldest first.

  1. Bloomberg

    Nextdc Shares Plunge After Public Backlash Hits Data Center (opens Bloomberg)

    Published

    Bloomberg's feed description

    Nextdc Ltd.’s shares plummeted after the data center operator said it was considering force majeure options and cut earnings guidance as community opposition delayed one of its major projects in Melbourne.

  2. Fortune

    Australians also don’t like data centers: NextDC shares fall 42% after community opposition stalls a grid upgrade (opens Fortune)

    Published

    Fortune's feed description

    NextDC also cut capital spending by up to 750 million Australian dollars and put new data center projects and land purchases on hold.

Australians also don’t like data centers: NextDC shares fall 42% after community opposition stalls a grid upgrade | Since Then