Equinix announces $45M investment in new IBX center in Colombia
Digital infrastructure company Equinix, Inc. (NASDAQ:EQIX) today announced a $45 million investment for the construction of BG2, a new International Business Exchange (IBX®) data center in Bogotá, scheduled to open in the first half of 2023.
With this new facility, Equinix is reinforcing its commitment to strengthening the digital economy across Latin America, with around 32,000 square feet (approximately 2,900 square meters) of colocation space—expected to be one of the largest data centers in Colombia. BG2 will provide global and local businesses and partners alike with the ability to connect directly and securely to the world’s digital economy, via comprehensive digital ecosystems.
Equinix has invested nearly $2 billion in Latin America since it started operating in the region in 2011, including acquisitions and expansions in Brazil, Mexico, Colombia, Chile and Peru. Globally, the company operates more than 240 data centers in 71 markets.
Tara Risser, President, Americas, Equinix, comments:
“We chose to invest in Colombia because the country has a fast-growing IT sector and is part of the fourth-largest economy in LATAM,” said. “The country’s economy has boomed over the past decade, driven by thriving energy and manufacturing sectors. We believe the country is also well positioned to support businesses looking to expand within LATAM, while also staying closely connected to North America. BG2 is another example of our commitment to provide our customers with the right places, partners and possibilities for their digital transformations now and into the future.”
BG2 will be a state-of-the-art data center, designed to deliver Secure Cabinets and Private Cage deployments. The initial phase of BG2 will have a capacity for 550 cabinets, with space for additional cabinets in future phases. At full build, the facility will provide capacity for 1,100 cabinets.