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 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.
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 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, 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 JV to build AI data centers in US
The investment will be used entirely on U.S.-based xScale buildouts, ultimately adding more than 1.5 gigawatts of new capacity, said Equinix.
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.
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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CPP Investments CEO on Fund's Private Equity Model
John Graham is President and CEO of CPP Investments, the Parliament-mandated third party asset manager responsible for ...
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.
Boost Your CPP Income With These Canadian Blue-Chip Stocks
Here's why retirees should consider owning blue-chip dividend stocks and supplementing their CPP payout at a low cost.