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Equinix, PGIM Real Estate establish USD 575 million data center joint venture in Australia

Tuesday 19 October 2021 | 14:46 CET | News
Equinix and PGIM Real Estate, a real estate investment and financing cmpany, have agreed to establish a USD 575 million joint venture in the form of a limited liability partnership to develop and operate two xScale data centers in Sydney, Australia. The facilities in the joint venture, which will be known as SY9x and SY10x, are expected to provide more than 55 MW of power capacity to serve the workload deployment needs of a targeted group of hyperscale companies, including global cloud service providers. The first xScale data center in Sydney, dubbed SY9x, is expected to open in the first

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Categories: Fixed
Companies: Equinix
Countries: Australia
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