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July 03 - 12:07
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Equinix and GIC agree $1 billion data centre JV
Singapore’s sovereign wealth fund, GIC, and Equinix have entered into a 80:20 joint venture to acquire and develop six hyperscale data centres in Europe for more than $1 billion. It will acquire operational data centres in London and Paris, with plans to develop four data centres in Amsterdam, Frankfurt (two sites) and London. The six facilities will provide 155 megawatts of power capacity.
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