iTnews Asia
  • Home
  • News
  • Data Centres

Equinix partners Singapore’s GIC to add $9.3 billion to xScale portfolio

Equinix partners Singapore’s GIC to add $9.3 billion to xScale portfolio

The xScale portfolio of 32 facilities will provide more than 600 megawatts of power capacity when fully built out.

By iTnews Asia Team on Jun 17, 2021 8:31AM

Equnix has announced additional joint ventures in the form of limited liability partnerships with GIC, Singapore’s sovereign wealth fund, which when closed and built out will bring the company’s xScale data centre portfolio to greater than $6.9 billion across 32 facilities globally.

xScale data centres add to Equinix’s global platform of more than 220 International Business Exchange (IBX) data centres by serving the deployment needs of hyperscale companies, including the world’s largest cloud service providers.

After deal closing and buildout, the xScale data centre portfolio will span three regions:

  • Europe: Dublin (three xScale data centres), Frankfurt (five xScale data centres), Helsinki (one xScale data centre), London (two xScale data centres), Madrid (two xScale data centres), Milan (one xScale data centre), Paris (four xScale data centres) and Warsaw (one xScale data centre)
  • Asia-Pacific: Osaka (three xScale data centres) and Tokyo (three xScale data centres)
  • Americas: Mexico City (one xScale data centre) and São Paulo (three xScale data centers)

“The world’s largest cloud service providers, including Alibaba Cloud, Amazon Web Services, Google Cloud, IBM Cloud, Microsoft Azure and Oracle Cloud Infrastructure, have partnered with Equinix to leverage its global platform of more than 220 data centres,” said Charles Meyers, CEO of Equinix.

“With our xScale program, these hyperscalers can continue to grow at Equinix while in close proximity to an ecosystem of 10,000 customers. The joint venture arrangement of xScale enables these large deployments to be structured in an off-balance sheet model that aims to preserve capital for investment in our traditional retail data centre and digital infrastructure business.”

To reach the editorial team on your feedback, story ideas and pitches, contact them here.
© iTnews Asia
Tags:
data centre data centres data management enterprise solutions

Related Articles

  • Is AI an impediment or a catalyst for sustainability?
  • Aslan Energy and JIEP to build 40MW data centre in Jakarta
  • Edgnex to invest nearly SGD 3 billion in Jakarta AI data centre
  • SK Group and AWS to build South Korea’s largest AI data centre in Ulsan
Share on Twitter Share on Facebook Share on LinkedIn Share on Whatsapp Email A Friend

Most Read Articles

Is AI an impediment or a catalyst for sustainability?

Is AI an impediment or a catalyst for sustainability?

Aslan Energy and JIEP to build 40MW data centre in Jakarta

Aslan Energy and JIEP to build 40MW data centre in Jakarta

SK Group and AWS to build South Korea’s largest AI data centre in Ulsan

SK Group and AWS to build South Korea’s largest AI data centre in Ulsan

Edgnex to invest nearly SGD 3 billion in Jakarta AI data centre

Edgnex to invest nearly SGD 3 billion in Jakarta AI data centre

All rights reserved. This material may not be published, broadcast, rewritten or redistributed in any form without prior authorisation.
Your use of this website constitutes acceptance of Lighthouse Independent Media's Privacy Policy and Terms & Conditions.