Infratil Limited · NZX:IFT
Infratil — Investor Day (September 2026)
32 slides from Infratil's investor day presentation, Sep 16, 2026
Slide 1: Infratil Investor Update
1 Infratil Investor Update 16 September 2026 cdc.com
Slide 2: Important notice and disclaimer
CDC Investor Day Presentation 2 Important notice and disclaimer Material contained herein is intended to be general background information on CDC, its related bodies corporate (as defined in the Corporations Act 2001) and its activities as at the date of this document. Material has been provided in
Slide 3: Introduction, Finance, Government policy, Customer demand, Questions
3 1 Introduction 2 Finance Government policy 3 and social licence 4 Customer demand 5 Questions CDC Progress. Secured.
Slide 4: Today's presenters
Commercial-in-Confidence CDC Investor Day Presentation 4 Today’s presenters Greg Boorer David Collins Founder and Chief Executive Officer Chief Financial Officer • Greg founded CDC in 2007 and has since led a team to • David has more than 30 years’ experience leading establish CDC as a highly truste
Slide 5: CDC Value Proposition
CDC Investor Day Presentation 5 1 Security 2 Availability 3 Optionality 4 Ecosystem 5 Sustainability 6 Scale CDC Value Proposition CDC continues to offer a market-leading, differentiated 7 Densification offering to our customers, building on our existing track record. CDC Progress. Secured.
Slide 6: CDC Group snapshot
Commercial-in-Confidence CDC Investor Day Presentation 6 Sydney Kemps Creek CDC Group snapshot Baa2 Moody’s credit rating 350 Deployed capacity (Stable) (CDC Australia) generating revenue3 MW Sydney Marsden Park Canberra Hume Hume One: MP1 MP2 MP3 Investment grade HU1 HU2 HU3 Contracted 90%+ revenue
Slide 7: Then and now – 18 months of delivery at scale
Commercial-in-Confidence CDC Investor Day Presentation 7 Then and now – 18 months of delivery at scale1 Since FY25, CDC has continued to experience strong growth across all key metrics Operating campuses Total pipeline2 Contracted capacity Contracted EBITDAF3 7 9 1.7GW 3.9GW 0.3GW 1.1GW $0.6bn $2.2b
Slide 8: Operating capacity has more than doubled over the last 18 months
Commercial-in-Confidence CDC Investor Day Presentation 8 Operating capacity has more than doubled over the last 18 months CDC has delivered seven large-scale data centres since FY25, all of which are now contributing meaningfully to CDC’s earnings generation Melbourne Brooklyn 2 Sydney Eastern Creek
Slide 9: Construction is progressing to meet FY27-29 deliveries
Commercial-in-Confidence CDC Investor Day Presentation 9 Construction is progressing to meet FY27-29 deliveries CDC is well underway at all sites where customer capacity has been contracted, with all data centres under construction to be delivered across FY27-29 Melbourne Laverton Perth Maddington •
Slide 10: Continued investment in land and power underpins CDC's pipeline
CDC Investor Day Presentation 10 Continued investment in land and power underpins CDC’s pipeline • In response to strong existing and new customer demand, CDC is expanding across multiple regions, with 1.3GW added to CDC’s pipeline in the June 2026 quarter • Significant progress made this year secur
Slide 11: CDC's development expertise
Commercial-in-Confidence 11 CDC’s development expertise CDC has a strong track record of delivering new data centres on time, on budget, aligned to community and customer expectations Overview CDC’s approach • Land selection is critical for community support, competitive ✓ CDC sites are in industria
Slide 12: Joint Venture: CDC and Contact Energy
Commercial-in-Confidence CDC Investor Day Presentation 12 Joint Venture: CDC and Contact Energy Vision: a combined renewable energy and data centre capability in Stratford, New Zealand • Working alongside Contact Energy on a potential 250 megawatt data centre in Stratford, Taranaki1. • New capabilit
Slide 13: Introduction, Finance, Government policy, Customer demand, Questions
13 1 Introduction 2 Finance Government policy 3 and social licence 4 Customer demand 5 Questions CDC Progress. Secured.
Slide 14: Contracted capacity grows to 1.1GW
Commercial-in-Confidence CDC Investor Day Presentation 14 Contracted capacity grows to 1.1GW 625MW of contracts signed since the start of May, including a 555MW contract with an investment grade hyperscale customer in May 2026, confirming Australasia as a preferred global data centre destination. CD
Slide 15: Earnings outlook
Commercial-in-Confidence CDC Investor Day Presentation 15 Earnings outlook FY27 EBITDAF guidance upgraded CDC Group EBITDAF growth (A$) 1,2 Significant step-up in EBITDAF1 as contracted capacity comes online • FY27 EBITDAF guidance upgraded to A$710m-$750m $2.2bn • Expect EBITDAF to exceed A$1bn in
Slide 16: Consistent quality through growth
Commercial-in-Confidence CDC Investor Day Presentation 16 Consistent quality through growth Underpinned by government, critical infrastructure, and hyperscale customers, the longevity, stability, and high quality nature of CDC’s recurring revenue provides strong support for its Baa2 credit rating. C
Slide 17: Diversified funding approach
Commercial-in-Confidence CDC Investor Day Presentation 17 Diversified funding approach CDC’s balance sheet remains well capitalised to support its growth, with almost $5bn of available liquidity1 and growing diversification of debt market funding sources Key funding principles: $4.9bn facilities rai
Slide 18: Capital deployment is ramping but remains highly linked to earnings
Commercial-in-Confidence CDC Investor Day Presentation 18 Capital deployment is ramping but remains highly linked to earnings CDC is focused on delivering contracted capacity while continuing to invest for future demand Capital expenditure (excl. land) 1. Significant increase in capital expenditure
Slide 19: Introduction, Finance, Government policy, Customer demand, Questions
19 1 Introduction 2 Finance Government policy 3 and social licence 4 Customer demand 5 Questions CDC Progress. Secured.
Slide 20: Australian states are forging their own policy and regulatory paths
Commercial-in-Confidence CDC Investor Day Presentation 20 Australian states are forging their own policy and regulatory paths National Expectations of data centres and AI infrastructure developers – Mar 2026 Proposed Mandatory National Standards for Large Data Centres – Aug 2026 NSW NSW Inquiry into
Slide 21: Higher standards, greater certainty and faster pathways favour CDC
Commercial-in-Confidence CDC Investor Day Presentation 21 Higher standards, greater certainty and faster pathways favour CDC. The Federal Government has outlined its intention to legislate mandatory national standards for new large data centres, with the goal of improving clarity and consistency acr
Slide 22: Why CDC is different
Commercial-in-Confidence CDC Investor Day Presentation 22 Why CDC is different Near-zero water use for cooling – 100% renewable electricity matching industry-leading WUE <0.02 L/kWh. across our operations. Purpose-built for communities – facilities Net Zero achieved in FY26 across are designed to mi
Slide 23: FY26 sustainability highlights
Commercial-in-Confidence CDC Investor Day Presentation 23 FY26 sustainability highlights CDC is committed to delivering on its ESG goals, in response to environmental forces, social trends and governance imperatives 100% 1.38 Net Zero emissions renewable <0.02 for FY26 electricity WUE PUE Toitū 2 si
Slide 24: Introduction, Finance, Government policy, Customer demand, Questions
24 1 Introduction 2 Finance Government policy 3 and social licence 4 Customer demand 5 Questions CDC Progress. Secured.
Slide 25: Data centre demand is accelerating, driven by investment in AI and cloud
Commercial-in-Confidence CDC Investor Day Presentation 25 Data centre demand is accelerating, driven by investment in AI and cloud Global occupancy3 Annual and Forecast Capital Expenditures - Tech Giants (US$bn)1,2 1,200 97% Available capacity remains scarce across global data centre markets. 1,000
Slide 26: Inference is driving sustained AI demand
Commercial-in-Confidence CDC Investor Day Presentation 26 Inference is driving sustained AI demand Global data centre demand (GW) Share of global demand 219 25% 30% 181 34% 37% 40% 43% 153 93 AI inference 128 72 28% 56 30% 103 31% 30% 44 AI training 29% 28% 82 62 31 53 21 46 40 23 31 47% Non-AI 39%
Slide 27: Power constraints in traditional hubs are redirecting hyperscale deployments
Commercial-in-Confidence CDC Investor Day Presentation 27 Power constraints in traditional hubs are redirecting hyperscale deployments toward scalable, trusted markets The ANZ region combines the attributes Australia’s 2030 data centre outlook has needed to support hyperscale growth increased materi
Slide 28: CDC continues to capture demand across hyperscale, government and critical infrastructure customers
Commercial-in-Confidence CDC Investor Day Presentation 28 CDC continues to capture demand across hyperscale, government and critical infrastructure customers Hyperscale is accelerating, with continued growth Demand remains underpinned by evolving across NCI and public sector requirements across CDC’
Slide 29: Introduction, Finance, Government policy, Customer demand, Questions
29 1 Introduction 2 Finance Government policy 3 and social licence 4 Customer demand 5 Questions CDC Progress. Secured.
Slide 30: Lease Revenue Straight-Lining
CDC Investor Day Presentation 30 Lease Revenue Straight-Lining Summary $130m • Straight-lining of lease revenue is required in accordance with accounting standard IFRS16 for $120m contracts with fixed indexation over the term of the arrangement or rent-free periods Accounting Revenue $110m • Cash re
Slide 31: June 2026 Independent Valuation – Capacity/Development Inputs
CDC Investor Day Presentation June 2026 Independent Valuation – Capacity/Development Inputs Overview of CDC Data Centre Portfolio1 Region Status Leasable MW Operating and Under Construction ACT Operating 120 NSW Operating 220 VIC Operating 130 NZ Operating 80 Total Operating Capacity 550 ACT Under C
Slide 32: CDC FY26 Operating Metrics
CDC Investor Day Presentation CDC FY26 Operating Metrics As reported in Infratil annual results for the year ended 31 March 2026. A $ millions FY26 FY25 FY24 FY23 Operating capacity (MW)1 671 318 268 268 Capacity under construction (MW) 572 382 416 42 Development pipeline (MW) 1,663 1,754 536 476 We