CPPIB enters joint venture aiming to raise US$15-billion to build data centres
Canada Pension Plan Investment Board is forming a joint venture that aims to raise US$15-billion to buy land and build new data centres catering to the largest technology companies in the United States, in partnership with Singaporean sovereign wealth fund GIC and data centre owner Equinix Inc.
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 signs $15 billion joint venture to build U.S. data center infrastructure
Equinix and its partners will use the capital to expand the U.S. footprint of "hyperscale" data centers, which are the largest in the industry, offering massive networking capacity and typically consuming as much power as a big city.
Equinix sets up $15bn JV to build xScale data centers in the US
The CPP and GIC investment funds are backing a new JV that will build out Equinix xScale hyperscale data centers in the US.
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,
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