Posts Tagged ‘Equinix’
Data centre player Equinix funds study on nuclear energy tech for Singapore, including floating plants
It will also assess the feasibility of small modular reactors; aims to provide “data-driven” insights [SINGAPORE] Data centre operator Equinix is funding a new study by a Singapore-based think-tank on how advanced nuclear energy technologies could aid the Republic’s long-term energy security and industrial competitiveness. The study, conducted by Centre for Strategic Energy and Resources…
Read MoreSembcorp unit inks second power purchase agreement with Equinix
SEMBCORP Industries’ wholly owned subsidiary, Sembcorp Power, has signed a second long-term power purchase agreement with Equinix, a US-based data-centre firm. Under the agreement, Sembcorp Power will supply Equinix a maximum capacity of 58.5 megawatt-peak (MWp) from its renewable energy portfolio for up to 15 years, starting in 2029. The solar energy will be generated…
Read MoreEquinix to build 6th Singapore data centre with US$260 million investment
DATA centre operator Equinix is building a sixth data centre in Singapore with an initial investment of US$260 million, the Nasdaq-listed firm said on Tuesday (Nov 19). The new data centre, a nine-storey facility named SG6, is expected to open in the first quarter of 2027 and will provide 20 megawatts (MW) of capacity when…
Read MoreUS Tech Firms Warn Vietnam Over Draft Law To Hamper Data Centers
U.S. tech companies warned government of Vietnam over its draft law to tighten rules on data protection as well as limit overseas data transfers, stating that the move would restrict data center operators and social media firms to grow their businesses in the country. According to Reuters, Vietnam has a population of approximately 100 million…
Read MoreEquinix partners GIC, Canada pension fund to expand data centre portfolio via US$15 billion joint venture
DATA centre firm Equinix inked a joint venture (JV) agreement with Singapore sovereign wealth fund GIC and Canada Pension Plan Investment Board (CPP Investments) to raise capital of more than US$15 billion and grow its data centre portfolio. The JV, in the form of a limited liability partnership, is expected to close in the fourth…
Read MoreEquinix partners GIC, Canada pension fund to expand data centre portfolio via US$15 billion joint venture
DATA centre firm Equinix inked a joint venture (JV) agreement with Singapore sovereign wealth fund GIC and Canada Pension Plan Investment Board (CPP Investments) to raise capital of more than US$15 billion and grow its data centre portfolio. The JV, in the form of a limited liability partnership, is expected to close in the fourth…
Read MoreData centre firm Equinix enters the Philippines, eyes on South-east Asia
Most South-east Asian countries present a conducive environment for data centre establishments Equinix has acquired three data centres in the Philippines from Total Information Management to expand its presence in the high growth potential region of South-east Asia, the global data centre firm said on Tuesday (Jul 23). The US-based company, which has already established…
Read MoreData centre operator Equinix mulls minority stake sale in Hong Kong assets
GLOBAL data centre operator Equinix is considering a sale of a minority stake in its Hong Kong facilities, valuing the assets at about US$2 billion, two sources said. This is part of a move to capitalise on the surge in demand from artificial intelligence (AI). The sources – who have direct knowledge of the matter…
Read MoreAI Pipe Dream Or Reality Check? Equinix Faces Scrutiny Amid Accounting Scandal
Hindenburg Research, a prominent short seller, has levied serious accusations against Equinix Inc., a major player in the data center industry. Alleging accounting manipulation and the peddling of an “AI pipe dream,” Hindenburg’s claims have sent shockwaves through the financial markets, prompting questions about Equinix’s financial integrity and future prospects. The heart of Hindenburg’s allegations…
Read MoreHindenburg shorts data centre firm Equinix alleging inflated profit metric
HINDENBURG Research on Wednesday (Mar 20) disclosed a short position in data centre firm Equinix that operates as a real estate investment trust (Reit), alleging exaggerated profitability metric amid a race with big cloud firms, including Amazon.com. Equinix shares fell about 2 per cent in early trading as the short seller said the Reit with…
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