Digital infrastructure company Equinix, Inc. (NASDAQ:EQIX) today announced agreements for additional joint ventures in the form of limited liability partnerships with GIC, Singapore’s sovereign wealth fund, which when closed and built out will bring the xScale data center portfolio to greater than $6.9 billion across 32 facilities globally.

xScale data centers add to Equinix’s global platform of more than 220 International Business Exchange (IBX) data centers by serving the unique core workload deployment needs of a targeted group of hyperscale companies, including the world’s largest cloud service providers.

After deal closing and buildout, the xScale data center portfolio will span three regions:

• Europe: Dublin (three xScale data centers), Frankfurt (five xScale data centers), Helsinki (one xScale data center), London (two xScale data centers), Madrid (two xScale data centers), Milan (one xScale data center), Paris (four xScale data centers) and Warsaw (one xScale data center)
• Asia-Pacific: Osaka (three xScale data centers) and Tokyo (three xScale data centers)
• Americas: Mexico City (one xScale data center) and São Paulo (three xScale data centers)

Three additional sites are expected to be announced at a future date.

With xScale data centers, hyperscale companies can add core deployments to their existing access point footprints at Equinix, enabling their growth on a single platform that can immediately span 63 global metros and offer direct interconnection—within a vibrant set of ecosystems—to their customers and strategic business partners.

The JV projects in today’s announcement are expected to close in several waves over the course of 2021, pending regulatory approval and other closing conditions.

Under the terms of the JV agreements, GIC will own an 80% equity interest in the future joint ventures and Equinix will own the remaining 20% equity interest.