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Investors are growing cautious on data centre valuations as financial projections clash with physical grid constraints.

Signals potential repricing risk for AI campus developers facing prolonged interconnection queues and rising balance sheet costs.
Trade pressSlicast · August 31, 2026 at 14:01 UTC · Australia · Source: AFR
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Data centres are becoming less appealing to major super funds and other institutional investors, driven by concerns over their social licence and the extended timelines required to secure planning approvals.

Infrastructure Partnerships Australia chief executive Adrian Dwyer stated that investor appetite is cooling as operators grapple with delivering projects while meeting new guidelines from federal and state governments.

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Investors are growing cautious on data centre… · Slicast