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Equinix Expands Silicon Valley Campus with New $142M Highly Energy Efficient Data Center
New facility addresses growing need for interconnection and enables companies to advance their digital transformation REDWOOD CITY, Calif., June 2, 2021
About this update from Equinix, Inc.
[{"type":"text","content":"New facility addresses growing need for interconnection and enables companies to advance their digital transformation\n\n\nREDWOOD CITY, Calif., June 2, 2021 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company™, today announced the ability to serve more enterprise partners and customers with its newest International Business Exchange™ (IBX®) data center in Silicon Valley, located at its Great Oaks campus in San Jose. The $142M facility, named SV11, is expected to open June 30, 2021, and will support the increasing demand from organizations for premium data center services to accelerate business performance and drive their digital transformation agendas. \n\n \n \n \n \n \n \n\n \nSV11 is targeting LEED Silver certification with an ultra-low design average annual Power Usage Effectiveness (PUE) of 1.17. SV11 customers can benefit from reductions of their CO2 footprint through Equinix's renewable energy procurement strategy and the use of energy-efficient systems throughout the facility. Additionally, with expansion of the current Bloom Energy fuel cells, the campus is planned for 20 megawatt (MW) of capacity, and will be the first time Equinix will use the system as primary generation with utility electrical grid and generators as backup sources. This continues Equinix's exploration of alternative fuel sources for both energy reliability and sustainability.\n\"Digital transformation continues to accelerate at an unprecedented rate,\" said Jon Lin, President, Americas, Equinix. \"In fact, 47% of respondents in a recent Equinix survey of enterprise IT decision-makers said they have accelerated their digital transformation plans. SV11 is another example of our commitment to provide our customers with the right places, partners and possibilities for their digital transformations now and in the future.\"\nEquinix data centers in the Silicon Valley region are the business hub for more than 700 customers, and Silicon Valley represents the third-largest colocation metro in the Americas region and ninth globally. With the addition of SV11, Equinix has invested more than $1.25B in the local economy including its Great Oaks campus and has additional land in the area for future expansion, as demand arises. These facilities house rich ecosystems that allow network and content providers, cloud and IT servic...