Jan 09, 2024 | Posted by Abdul-Rahman Oladimeji
Investment firm EQT’s Infrastructure VI fund has invested in EdgeConneX to build and operate purpose-built data centers for hyperscale customers around the world, expanding the company into new markets. Terms of this investment were not shared. However, EQT noted that this investment by EQT Infrastructure VI will see EdgeConneX build out “hundreds of megawatts of data center capacity” to support hyperscale customers.
Jan Vesely, partner within EQT Infrastructure's Advisory team, said, "With the support of EQT Infrastructure's global presence, industry expertise, and dedication to sustainable growth, EdgeConneX together with this new initiative is well-positioned to be a leading provider of critical digital infrastructure worldwide. EdgeConneX is a pioneering data center solutions provider, and its team has the proven track record and deep experience necessary to help lead this expansion and meet hyperscale customers' needs around the world."
EdgeConneX CEO Randy Brouckman, added, We have always taken a customer-centric approach, focused on giving our customers the capacity they need, in the right configuration, in the right markets, at the right time. Amid the rapid proliferation of data and compute, data centers are the critical infrastructure housing and connecting the technologies, the companies, and the end-users, thus enabling the future growth of the world's digital economies. With the support of EQT's deep local presence in critical markets around the world, EdgeConneX has expanded rapidly, and we're excited about the opportunities this new partnership with EQT will unlock."
