Jefferies Judges Added NextDC M3 Costs Manageable
Jefferies analyst Roger Samuel calls the added spending to fix power supply at NextDC's M3 site manageable, with revenue more likely delayed than lost.
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what happened
Jefferies analyst Roger Samuel, as reported by Market Talk, views the extra spending needed to fix power supply problems at NextDC's M3 data center as manageable.
In a client note, he estimates an underground transmission line could cost as much as A$100 million. That figure, he says, would be notable yet below 3% of the project's total development outlay.
NextDC has already completed over a quarter of the facility's capacity, and Samuel believes revenue from the site is more likely to slip into later periods than to disappear.
why it matters
For investors, the key question is timing rather than the repair bill itself, since a delay in earnings from M3 would matter more than the one-off costs the analyst considers contained. NextDC shares are currently in a trading halt at A$9.18, so the market's reaction remains unclear.
market impact
NextDC: extra capex seen as contained, but the main risk is a delay in earnings from M3
tags
instruments
sources
- NextDC Sees Potential Extra M3 Capex as Manageable — Market Talk, 19 October 2026 at 23:19 UTC
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