GIC/Equinix acquisition and development of six hyperscale data centres in Europe

Overview:

• GIC, has entered into a $1 billion 80:20 joint venture agreement with Equinix to acquire and develop six hyperscale data centres in Europe.
• The deal sees the pair acquire two operational data centres in London and Paris and develop four more additional data centres in Amsterdam, Frankfurt and London. 
• The sites combined will provide approximately 155 megawatts of power capacity.
• Equinix will develop, operate, and manage the data centres.

Sam Duke