GIC, Equinix and CPP Investment Board
Equinix forms JV with GIC, CPP Investments to raise $15B for future xScale projects
Addressing increasing growth in artificial intelligence and the cloud, Equinix (NASDAQ:EQIX) said Tuesday it's formed a joint venture with GIC and Canada Pension Plan Investment Board to raise more than $15B in debt and equity in a bid to accelerate the Equinix xScale data center portfolio.
GIC, CPP Investments and Equinix form US$15 billion joint venture
Singapore sovereign wealth fund GIC Pte Ltd has signed a joint venture agreement with digital infrastructure company Equinix, and the Canada Pension Plan Investment Board (CPP Investments) to raise US$15 billion to expand data centres in the US.
Equinix, GIC, and CPP Form $15B Data Center JV
Equinix and GIC have cooperated in multiple joint ventures in the past in Asia, the Americas, and Europe. The introduction of CPP Investments, one of the 10 largest pension funds in the world, is notable not just for the amount of capital they can bring to a project, but the wide and deep sets of business connections it has throughout the world.
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.
Equinix Turbocharges AI And Cloud Growth With $15B Joint Venture: Expanding xScale Data Centers Worldwide
Equinix recently disclosed a joint venture with GIC and CPP Investments to raise over $15B for expansion of hyperscale data centers in US and support AI and cloud services. Equinix CEO states potential for AI growth.
Equinix, CPP, GIC Enter JV To Nearly Triple Investment Capital Of Equinix XScale Program
Equinix (EQIX) has signed a joint venture agreement, in the form of a limited liability partnership with GIC and Canada Pension Plan
Equinix, CPP Investments and GIC launch $15bn US data centre venture
Digital infrastructure company Equinix has formed a partnership with Canada Pension Plan Investment Board (CPP Investments) and Singapore sovereign wealth fund GIC to invest more than $15bn (€13.6bn) in US data centres over time.
GIC, CPP Investments, and Equinix form joint venture to raise US$15b
GIC will form a joint venture (JV) with digital infrastructure company, Equinix and and the Canada Pension Plan Investment Board
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.
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CPP Investments steps up data centre strategy
CPP Investments is stepping up its data centre strategy with a USD $5.6 billion commitment to a joint venture with digital ...
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Equinix forms US$15 billion hyperscale data centre JV
Digital infrastructure developer Equinix has formed a joint venture (JV) worth over US$15 billion with Singapore wealth fund ...
Equinix forms US$15B JV to build AI-ready data centres
Digital infrastructure company Equinix has set up a joint venture to raise US$15 billion in partnership with GIC (Singapore’s ...
Claiming CPP at Age 70 Could Be a Game-Changer for Canadians
Delaying the CPP until 70 could be a game-changer for Canadian seniors without health concerns and urgent financial needs.