NEXTDC Plunges 41.7%: Customers Signed, Power Delayed | News Ep 29 | Oct 21 2026
NEXTDC (ASX NXT / Yahoo NXT.AX): customers signed, but Melbourne grid delays defer delivery and billing. Shares closed down 41.7% on October 21. FY27 net revenue guidance A$475–500m versus A$615–640m previously, excluding affected M3 contracts. Next grid-supply increase expected in FY28, not necessarily calendar 2028. Capacity remains contracted subject to customer rights, including potential termination/service credits. New development projects and land acquisitions paused; near-term contracted
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