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.