Infratil Limited Analysis

Overview

Infratil owns renewable energy, transport, data and connectivity, and social infrastructure businesses in growth sectors

Performance

The following information was extracted from Infratil Limited's market update, released on 15 April 2025:

FY25 milestones

This has been a milestone year for CDC, marked by new sites, expanded capacity, customer wins, and stronger foundations for growth. Key FY25 highlights include:

• New Zealand expansion: CDC launched new capacity in Auckland, adding 16MW at Hobsonville and Silverdale, with the builds completed on time and within budget; no small feat given New Zealand’s construction and supply chain complexities. Additional capacity is also under construction in response to increased customer demand.
• Laverton Campus, Melbourne: Ground was broken on the second Melbourne campus, expected to add an initial 150MW+ of additional capacity to the region.
• Marsden Park, Sydney: Construction is underway on the second Sydney campus; expected to be one of the largest in the Southern Hemisphere at 700MW+ with initial data centre capacity already contracted. Marsden Park future-proofs CDC’s position in Australia’s most important data centre market.
• All major hyperscaler relationships secured: CDC now delivers or is contracted to deliver capacity to the largest western global cloud service providers - a milestone that expands its opportunity set significantly.
• 2.5GW total platform capacity: CDC’s capacity, including operational, under construction, and future development pipeline has more than doubled in the past year from 1.2GW to 2.5GW, ensuring it can meet increasing demand across the region.