Equinix and pgim real estate enter into $600 million jv for first xscale® data center in the u.s.

Redwood city, calif. , april 15, 2024 /prnewswire/ -- equinix, inc. (nasdaq: eqix), the world's digital infrastructure company®, and pgim real estate, the real estate investment and financing arm of pgim, prudential financial's global asset management business, today announced the entry into a $600 million joint venture to develop and operate the first xscale data center in the u.s., located in the silicon valley region of california.
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