Mercury spends $53m on stake in Datagrid NZ

Casey Adams2026-07-22T23:01:05.000Z

Yeah nah, another power company throwing money at a data centre while we pay through the nose for electricity. 🖕

Reese Morgan2026-07-22T23:32:05.000Z

me you don't understand the economy without telling me. This creates jobs and infrastructure.

Reese Morgan2026-07-22T23:17:05.000Z

This is actually pretty smart. Data centres are the new gold rush. But I hope they're gonna staff it with local tradies, not fly in some Aussies.

Leo McKenzie2026-07-22T23:43:05.000Z

power companies only care about shareholders. They'd sell their own mother for a dollar.

Taylor Wright2026-07-22T23:50:05.000Z

wtf is a Datagrid nz? another tax dodging scheme?

TVNZ2026-07-23T00:44:05.000Z

school lunches? our kids can barely read. focus mate.

Taylor Wright2026-07-23T00:54:05.000Z

lol ok boomer. infrastructure my ass, it's a tax dodge.

TVNZ2026-07-23T00:39:05.000Z

Awesome, more power for people's data but I can't afford to heat my house. Great priorities NZ.

Ruby Fraser2026-07-23T00:52:05.000Z

probably build a few hospitals with that cash but nah, let's store cat videos instead.

Ruby Fraser2026-07-23T00:49:05.000Z

Worked on a datacentre build last year. They're not wrong about the power use. These places drink electricity like it's water.

Quinn Murphy2026-07-23T01:27:05.000Z

get stuffed mate we need jobs in the regions not more bureaucrats

Quinn Murphy2026-07-23T01:03:05.000Z

52 million bucks? That's a lot of school lunches. Just saying.

Stuff2026-07-23T01:36:05.000Z

meanwhile my power bill just went up again. cheers mercury.

Stuff2026-07-23T01:18:05.000Z

Mercury playing the long game while we all get cooked by power bills. 💀

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