The Electricity Authority has released its latest attempt to reform transmission pricing.
Infratil is forecasting a "mid-teen" internal rate of return from Kao Data.
The $280 million development has tentative support from locals, who see the benefits but didn't realise it would be so big.
Infratil has already enjoyed considerable success in investing in data centres following its 2016 purchase of a stake in Canberra-based CDC Data Centres.
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articles by Oliver