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Contact Energy Partners With Australian Data Center Operator for Potential Development in New Zealand

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Contact Energy (ASX:CEN, NZE:CEN) partnered with CDC Data Centres to explore a potential data center at Taranaki in New Zealand, according to a Monday filing with the Australian bourse.

The parties will secure resource consent for a 250-megawatt data center to be built near the site of Contact Energy's retired Taranaki Combined Cycle gas power plant, the filing said.

Contact Energy's joint venture with Lightsource is also advancing an option for a solar farm with integrated battery storage near the site, per the filing.

Contact Energy shares rose 1% in midday New Zealand trade.

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