The new data center company Edgnex, founded by the Dubai real estate company Damac, has changed its name to Damac Data Centres and revealed plans for a 35MW data center. This week, the company announced that Edgnex had changed its name to Damac Data Centres to serve its clients better and uphold its core principles. They have decided to align themselves with the Damac Group on a strategic level. They continued by expressing their pride in being a part of the Damac Group and its history in the building. In Riyadh, Saudi Arabia, the business started construction on a 20MW data center last year. In Q3 2023, the 184,000-square-foot facility is scheduled to go active.
The company also revealed plans to spend $600 million on expanding its data facilities in Riyadh and Dammam at the same LEAP conference announcing the name change. According to current reports, the first phase of each facility will now be operational in Q4 2023, with a further 5MW launched by the subsequent quarter. The locations will provide a total of 55MW by 2025. The Dammam complex will have three stories and 132,590 square feet, according to a LEED file. Additionally, Uptime Tier III design certification was granted to it.
The corporation is apparently planning more facilities in Saudi Arabia, and it has already made suggestions about possible developments in Germany, Spain, and Italy. On a greenfield plot of land in Abbotstown, close to Dublin, that DAMAC and Dataplex had jointly purchased, Edgnex was planning to construct a data center campus in Ireland that could produce 70MW or more of power. Dataplex, meanwhile, subsequently filed for bankruptcy when Eigrid refused to provide the business power contracts at two data center locations.
