US data firm Equinix clinches new joint venture deals with Singapore s GIC Toggle share menu
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US data firm Equinix clinches new joint venture deals with Singapore s GIC
Equinix is set to open its fifth data centre in Singapore in the second half of the year. (Photo: Equinix)
14 Jun 2021 03:31PM Share this content
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SAN FRANCISCO: United States-based data centre firm Equinix on Monday (Jun 14) said that it had signed agreements for additional joint ventures with Singapore s sovereign wealth fund GIC to add US$3.9 billion to expand a data centre programme.
The agreements for additional joint ventures in the form of limited liability partnerships with GIC, when closed, will bring the xScale data centre portfolio to more than US$6.9 billion across 32 facilities globally, Equinix said in a statement.
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