Australia's largest listed data centre developer, NextDC, has halted trading in its shares after warning investors that power supply delays will affect its flagship M3 facility in West Footscray, Melbourne. The delay is widely attributed to a community blockade that stopped electricity distributor Jemena from installing high-voltage power poles on residential streets, marking the clearest sign yet that Victoria's push for AI infrastructure has collided with grid constraints and local opposition.
company
Jemena
Australian electricity and gas distributor