Data Center News

Equinix and PGIM Real Estate form a $575 Million Joint Venture to Develop Hyperscale Data Centers in Australia

Equinix and PGIM Real Estate have formed a new $575 million joint venture with an aim to develop hyperscale data centers in Sydney, Australia. PGIM is the real estate investment and financing division of Prudential Financial. The facilities the companies will be developing under this JV are...

October 19, 2021

Equinix

Sustainable Finance: New way to address the environmental footprint of data centers

Much has been said about how data centers adversely affect the environment. However, more data centers have begun to become 'Greener.' Besides, in order to leave a better environmental footprint, many data center companies are now spending more on green energy. Investors and data center fin...

September 27, 2021

Equinix

Equinix files application for data centers in Clondalkin, Ireland

Equinix filed for permission to build a data center in Profile Park, Clondalkin, Ireland. The Company filed for permission to build a three-story data center in July. It is going to call the facility DB8. The facility will be built within a 2.65 hectare of land. The facility will also have ...

August 25, 2021

Equinix

Equinix completes expansion of its SY5 data center in Sydney

Equinix has completed the expansion of its SY5 data center in Sydney. The expansion cost the Company $48 million (AU$66 million). Equinix started the expansion in February. Moreover, Equinix has added a total colocation space of 11,300 square meters (121,000 square feet) with this expansion...

August 20, 2021

Equinix Sydney SY5

Equinix secures a cheaper, green future

The Australian Competition and Consumer Commission (ACCC) recently granted a group of businesses led by Equinix the right to form a renewable energy purchasing group. This formation will allow the group, which includes Nike, H&M, HSBC Bank, and Goldman Sachs, to negotiate access to cheaper...

August 18, 2021

Equinix

Largest Data Center Funding Deals In Q2 of 2021

The data center industry is a multibillion-dollar industry. According to Gartner, end-user spending on data center infrastructure for 2020 was $188 billion, a 10.3% decrease from 2019’s spending. With these figures, we can reach a consensus that there’s a massive market available for data cent...

July 24, 2021

Sabey Data Centers

Equinix strives to balance expansion with its eco targets

Back in June, Equinix committed to becoming climate-neutral by 2030; however, alongside this pledge, in recent years, it has undergone significant growth. Moreover, its environmental metrics reveal that between 2018-19, the company’s scope 1 and 2 GHG emissions, carbon intensity, and energy ...

July 23, 2021

Equinix

Equinix promises to cut emissions by 50 percent before 2030

Equinix has promised that it would reduce its emissions by 50% before 2030. It would also be reducing emissions created by its electricity supply by 50% before 2030. This promise comes few days after Greenpeace criticized the Company for not having trustworthy timelines on the use of renewable...

June 17, 2021

Equinix

Equinix partners with GIC to invest additional $3.9 billion in its Hyperscale Program

Equinix has announced that it has signed agreements for additional joint ventures with GIC, Singapore's sovereign wealth fund, which will add $3.9 billion to expand its data center program.The agreements come in the form of limited liability partnerships with GIC. The close, which is expected...

June 15, 2021

Equinix

Stockland to build new data center in Macquarie Park, Sydney

Stockland has announced plans to build a five-story new data center in Sydney, which, according to the Australian Financial Review, might be for Amazon Web Services (AWS). The facility, worth AU$264 million (US$204.3 million), was reportedly fast-tracked by the New South Wales Government due t...

June 09, 2021

Sydney

Equinix is Exiting Eight Leased Data Centers In The US

Equinix has announced that it would not be renewing the leases for eight of its data centers in the US. The data centers are situated in New York, Georgia, and some in California and Atlanta. Equinix commented that the reason for the development is that some of the facilities don’t meet the fu...

May 10, 2021

Equinix

Equinix prices $2.6 billion "Green" Bond Sale

Equinix has announced that it priced $2.6 billion principal amount of notes, including $1.0 billion of green bonds in its third green bond offering. The green bonds will be used to help advance the company's longstanding commitment to sustainability leadership and reducing its environmental im...

May 04, 2021

Equinix

Equinix Completes US$780 Million Acquisition of 13 Bell Data Centers in Canada

Equinix has completed it's acquisition of 13 Bell Canada's data centers. The acquisition was first announced in June 2020. Bell had operated the facilities under the Q9 brand. It partially acquired Q9 in 2012 for $1.1 billion and in 2016 it acquired the remainder for $675 million. This deal ...

October 01, 2020

Equinix

Equinix Prices Offering Of $2.6 Billion Senior Notes (PR)

REDWOOD CITY, Calif /PRNewswire/ -- Equinix, Inc. ("Equinix") (Nasdaq: EQIX), the global interconnection and data center company, announced the pricing of its underwritten public offering of $2.6 billion aggregate principal amount of senior notes, consisting of $500,000,000 of 1.250% Senior No...

June 08, 2020

Equinix

Equinix Completes US$175 Million Acquisition of Three Axtel Data Centers in Mexico

REDWOOD CITY, Calif. /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced the completion of its acquisition of three data centers from Axtel S.A.B. de C.V. (BMV: AXTELCPO) that serve the Mexico City and Monterrey metro areas of Mexic...

January 09, 2020

Equinix

Equinix to Expand into Mexico With US$175 Million Acquisition of Three Axtel Data Centers (PR)

REDWOOD CITY, Calif. /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced it has entered into an agreement with Axtel S.A.B. de C.V. (BMV: AXTELCPO) to acquire three data centers that serve the Mexico City and Monterrey metro areas o...

October 04, 2019

Equinix

Equinix Appoints Jon Lin as President, Americas

Congrats to Jon Lin who was promoted by Equinix to President of the Americas. Jon will oversee existing operations in North and South America. Equinix Press Release: REDWOOD CITY, Calif – Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced that it...

June 17, 2019

Equinix

Eugene Henegouwen is Appointed as President of EMEA for Equimix

Equinix has appointed Eugene Bergen Henegouwen as the new President of EMEA. Eugene has been at Equinix since 2013. Since that that time, he has held the role of SVP of Sales in the EMEA region, overseeing the tripling of revenue in the region over the last 6 years. Before joining Equinix, He...

April 15, 2019

Equinix

Equinix Says Its New Wholesale Data Center Business is Much Bigger Than Previously Thought

Equinix is in the sweet spot to capture a bigger share of the wholesale data center market, which are generally deployments larger than 1 megawatt. Equinix's Interconnection ecosystems are a strong magnet, even for larger compute deployments. The mid-point of guidance for Equinix’s new whole...

July 09, 2018

Equinix

Equinix Completes Acquisition of 29 Data Centers from Verizon [Press Release]

REDWOOD CITY, Calif., May 1, 2017 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced the completion of its acquisition of 29 data centers and their operations from Verizon Communications Inc. (NYSE, Nasdaq: VZ). The U.S. $3.6 billi...

May 01, 2017

Equinix

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