Equinix signs $15 bln joint venture to build U.S. data center infrastructure
Data center firm Equinix is forming a joint venture with Singapore's sovereign wealth fund GIC and Canada Pension Plan Investment Board with goals to raise more than $15 billion in capital, the company said on Tuesday.
Equinix Continues Big Tech Pivot With $15B Data Center JV
The joint venture with a Canadian pension plan and GIC continues the data center REIT's push into hyperscale development through its xScale program.
Equinix, GIC, and CPP Form $15B Data Center JV
Equinix and GIC have cooperated in multiple joint ventures in the past in Asia, the Americas, and Europe. The introduction of CPP Investments, one of the 10 largest pension funds in the world, is notable not just for the amount of capital they can bring to a project, but the wide and deep sets of business connections it has throughout the world.
Equinix Set to Raise $15B in Joint Venture to Build Data Centers
Data center developer Equinix has formed a joint venture with GIC and the Canada Pension Plan Investment Board to raise over $15 billion.
Equinix forms JV with GIC, CPP Investments to raise $15B for future xScale projects
Equinix forms joint venture to raise $15B for expanding hyperscale data centers in the US, targeting AI and cloud growth.
Equinix announces the signing of a joint venture agreement
Equinix announced the signing of a joint venture agreement, subject to closing conditions, in the form of a limited liability partnership with GIC and Canada Pension Plan Investment Board, with the intent to raise over US$15 billion in capital together with its partners.
Equinix sets up $15bn JV to build xScale data centers in the US
The CPP and GIC investment funds are backing a new JV that will build out Equinix xScale hyperscale data centers in the US.
Equinix signs $15 billion JV to build AI data centers in US
The investment will be used entirely on U.S.-based xScale buildouts, ultimately adding more than 1.5 gigawatts of new capacity, said Equinix.
Equinix Agrees to Form Greater Than $15B JV to Expand Hyperscale Data Centers in the U.S. and Support Growing AI and Cloud Innovation
Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, today announced the signing of a joint venture (JV) agreement, subject to closing conditions, in the form of a limited liability partnership with GIC and Canada Pension Plan Investment Board (CPP Investments),
Equinix signs $15 billion joint venture to build U.S. data center infrastructure
Data center firm Equinix is forming a joint venture with Singapore's sovereign wealth fund GIC and Canada Pension Plan Investment Board with goals to raise more than $15 billion in capital, the company said on Tuesday.
Equinix Forms $15 Billion-Plus Joint Venture with Canada Pension and GIC
Equinix Inc. is nearing an agreement to form a joint venture with Canada’s CPP Investments and Singapore’s GIC Pte to develop new data centers, according to people with knowledge of the matter.
Equinix raises $15B in new capital to invest in xScale data centers to meet AI demand
Equinix has raised $15 billion in funding to expand its xScale data centers for AI, particularly for investments in the U.S.
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