Equinix forms $15b JV with GIC, CPPIB to build data centre infra in US

Equinix forms $15b JV with GIC, CPPIB to build data centre infra in US

FILE PHOTO: Lights illuminate rack servers inside the data center of Equinix in Pantin, outside Paris, France, December 7, 2016. REUTERS/Benoit Tessier/File Photo

Data centre firm Equinix is forming a joint venture with Singapore’s sovereign wealth fund GIC and Canada Pension Plan Investment Board with goals to raise more than $15 billion in capital, the company said on Tuesday.