Equinix Turbocharges AI And Cloud Growth With $15B Joint Venture: Expanding xScale Data Centers Worldwide
Equinix, Inc. (NASDAQ:EQIX) shares are trading lower on Thursday. On Tuesday, the company disclosed a joint venture with GIC and Canada Pension Plan Investment Board (CPP Investments). All parties have made equity commitments,
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 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.
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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 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 to Create $15 Bln JV to Expand Hyperscale Data Centers
Equinix on Tuesday said it signed a joint venture agreement in order to raise over $15 billion in capital, together with GIC and CPP Investments, to boost its hyperscale data center portfolio. The company said the joint venture is intended to accelerate its xScale data center portfolio and nearly triple the investment capital of the Equinix xScale program,
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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