ASX-listed NextDC has told investors it would slash its expected profits and construction spending as it deals with delays in supplying energy to its M3 centre in West Footscray. The news triggered a share price plummet.

ASX-listed NextDC has told investors it would slash its expected profits and construction spending as it deals with delays in supplying energy to its M3 centre in West Footscray. The news triggered a share price plummet.

Listed data-centre operator NextDC has requested a trading halt on the ASX, after it said power supply delays would hit its flagship West Footscray facility.

The Age has seen a report exposing allegations of systematic rule breaches, unvetted contracts and fake prepayments to meet state government target benchmarks.