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Equinix to build 6th data centre in Singapore with $348m investment
The Straits Times
|November 21, 2024
US-based data centre operator Equinix is building a sixth data centre in Singapore with an initial investment of US$260 million (S$348 million), the Nasdaq-listed firm said on Nov 19.
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The new data centre, a nine-storey facility named SG6, is expected to open in the first quarter of 2027 and will provide 20MW of capacity when fully built.
Equinix was awarded the 20MW of capacity under the pilot "Data Centre Call for Application" exercise that aimed to support sustainable data centre growth and awarded a total of 80MW to four data centre operators whose proposals best met holistic outcomes.
The four operators were Equinix, GDS, Microsoft and an AirTrunk-ByteDance consortium, the Economic Development Board and the Infocomm Media Development Authority (IMDA) announced in July 2023.
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