Equinix invests £90mn into an International Business Exchange™ site in the UK
The California-based data centre provider, Equinix, has announced plans to develop an International Business Exchange™ (IBX®) site at its London Slough campus.
The site is anticipated to cost £90mn (US$115mn), which will add to the nation’s recent digital infrastructure investment total of £295mn ($377.17mn).
“Equinix’s investment reflects the growing demand for digital financial services in the City of London, and is a vote of confidence in its future as the world’s premier financial hub,” stated Theresa May, Prime Minister of the UK.
“This is exactly where we want to be heading.”
The data centre has been dubbed LD7 and is expected to open in 2019. The site will add to the UK’s growing portfolio of IBXs, bringing the total to 12.
The flagship centre is part of a fleet of new and expanded facilities on Equinix’s London Slough campus, and will meet increasing demand for data capacity.
“London is one of the most important connection points in the world and this is expected to continue post-Brexit as the city continues to play a crucial role in powering the global digital economy,” commented Russell Poole, Managing Director of the UK at Equinix.
“Our decision to invest again in the UK’s digital infrastructure reflects our confidence that London will remain a leader in the global digital economy, regardless of the outcome of the negotiations over the UK’s departure from the European Union.”
“LD7 will be one of the most technologically advanced colocation data centres in the world and will be a major addition to our thriving London Slough campus. This latest data centre will also act as a sustainability benchmark for future data centres – something we are very passionate about.”
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