Are the concerns around issues like power and water justified? I mean, if you look at the public discussion, people are asking legitimate questions about electricity demand, water use, and whether the long-term benefits really stack up.

Yes, I think these are absolutely legitimate questions, and that's why social licence has become such an important discussion.

There is a common perception, driven mostly by examples of rapid data centre development overseas, that data centres are intensive users of power and water.

While those concerns are understandable, the reality is more nuanced than that.

Modern data centres are becoming much more efficient, with significant advances in cooling technology and energy usage.

Also, we here in New Zealand start with some natural advantages, including a relatively cool climate, which can reduce the amount of energy and water needed to keep facilities clean.

operating.

economic and infrastructure development.