Equinix and PGIM Real Estate today announced the entry into a $600 million joint venture to develop and operate the first xScale data center in the U.S.
The closing of $575 million JV brings Equinix’s global xScale portfolio to more than $8 billion.
Equinix has signed an agreement to form a US$525 million JV with GIC, to develop and operate two xScale data centers in Seoul.
xScale data centers add to Equinix’s global platform of more than 220 International Business Exchange (IBX) data centers.
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