skinny.

Latest / Auckland News Today | 2 Min News | The Daily News Now!

Mercury Invests in NZ’s AI Data Center | Auckland News

Mercury just poured NZ$53 million into Datagrid NZ for a 12.7% stake, fueling the construction of New Zealand’s most advanced AI-powered data center in Southland—set to deliver 360 megawatts of power by 2028. This isn’t their first dance: they already locked in a 140MW power deal back in March. The move is strategic—securing long-term demand for renewable energy while accelerating Datagrid’s buildout. Partnering with a major green energy player like Mercury gives Datagrid speed and credibility, while Mercury gains a reliable revenue stream to back its own Southland wind farm. It’s a win-win…

The skinny

The skinny isn't ready yet — notes appear once the transcript is processed.