GIC signs joint venture deals with US data firm Equinix
Bengaluru
US-based data centre firm Equinix on Monday said 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.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
URA prepares massive site in Sengkang to house new residential estate
Blackstone in talks to buy Dulwich schools in Singapore, Seoul for US$600 million
JTC to sell hospitality project being built in Punggol Digital District
Without a game changer, Sentosa Cove condos will continue underperforming
Five-room resale flat in Bukit Merah goes for record S$1.59 million
China developer Fantasia proposes new restructuring terms, shares up