This new joint venture will bring Equinix's (EQIX) global xScale data center portfolio to more than $8 billion and 725 MW of power capacity globally once fully constructed.
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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.