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Equinix and PGIM Real Estate O

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REDWOOD CITY, Calif., June 13, 2022 /PRNewswire/ — Equinix, Inc. (Nasdaq: EQIX), the world’s digital infrastructure companyâ„¢, and PGIM Real Estate, the real estate investment and financing arm of PGIM, Prudential Financial’s* global asset management business, today announced the opening of the first xScale data center in Sydney, named SY9x. This milestone follows the closing of the US$575 million joint venture between the parties in March 2022.

With the closing of the joint venture in Australia, Equinix’s global xScale data center portfolio will be greater than US$8 billion of investment across 36 facilities, and expects to deliver more than 720 megawatts (MW) of power capacity when fully built out. Including SY9x in Sydney, Equinix currently operates nine xScale data centers across all three regions including FR9x in Frankfurt, LD11x and LD13x in London, OS2x in Osaka, PA8x and PA9x in Paris, SP5x in São Paulo, and TY12x in Tokyo. An additional…

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