REDWOOD CITY, Calif., Feb. 7, 2022 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company™, today opened its new International Business Exchange™ (IBX®) data center—MU4—located in Aschheim near Munich, Germany. The development of MU4 aims to support the growing digital needs of local companies—particularly from the automotive, industrial, financial and healthcare sectors—by providing them with direct, secure and fast connections to a multitude of cloud providers, services and partners. The new site is carrier-neutral and offers customers access to a comprehensive digital ecosystem spanning various industries and markets through Platform Equinix®. In addition, customers benefit from Equinix's colocation and interconnection services, including the software-defined Equinix Fabric™ service, which enables enterprises to quickly and flexibly connect to leading cloud and network providers.
MU4 is designed in line with Equinix's global sustainability strategy, which aims for climate-neutral operation by 2030. Like other new Equinix builds in Germany, MU4 will have a green façade and partially planted roof. The greenery acts as additional natural insulation and cooling, also ensuring the building blends into the cityscape. Furthermore, the next construction phase of the data center is due to see the installation of an Aquifer Thermal Energy Storage (ATES) system. This will enable thermal energy to be stored and recovered, and will help further optimize cooling efficiency, reducing the site's overall carbon footprint. The data center is expected to be powered by 100% renewable energy—purchased through a green power certificate from local supplier, Mainova. In addition to these measures, Equinix is also exploring options to provide waste heat from the MU4 data center to external consumers in the future.
"We provide companies in Munich with the most dynamic digital infrastructure platform available, and want it to be as climate-friendly as feasible. As the first operator in the industry to commit to science-based climate targets, we continuously explore and invest in new climate friendly technologies to further reduce emissions and save resources. On a local level, we are committed to working with operators, political decision-makers, and energy providers to target the long-term challenges of sustainable digitization to the benefit of the surrounding community. This includes design aspects such as the use of greened facades as well as potential measures supporting the energy transition like the use of waste heat," notes Jens-Peter Feidner, Managing Director for Germany at Equinix.
The new facility expands Equinix's presence in the Munich area, where two data centers—MU1 and MU3—are already in operation. The opening is part of a series of strategic investments in the German market in response to growing demand for digital infrastructure services. In the fall of 2021, the company opened FR8 and FR9x—new colocation and hyperscale sites in Frankfurt.
Eugene Bergen Henegouwen, President, EMEA, Equinix adds: "As one of Europe's major automotive, manufacturing and tech hubs, Munich is home to some of the world's most innovative businesses. This makes it a key strategic location for us to invest and grow in. We are proud to start the year with the continued expansion of our German footprint, and look forward to supporting more businesses in Munich as they accelerate their transformation with a powerful and sustainable digital infrastructure."
The first phase of MU4 provides 2,250+ square meters of colocation space and more than 825 cabinets of capacity. To date, Equinix has invested US$90M in the new building and over US$1.6B in Germany. The company operates 12 data centers in Munich, Düsseldorf, Frankfurt and Hamburg, as part of a global network of over 235 data centers in 65 markets.
Equinix (Nasdaq: EQIX) is the world's digital infrastructure company, enabling digital leaders to harness a trusted platform to bring together and interconnect the foundational infrastructure that powers their success. Equinix enables today's businesses to access all the right places, partners and possibilities they need to accelerate advantage. With Equinix, they can scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value.
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, the challenges of acquiring, operating and constructing IBX data centers and developing, deploying and delivering Equinix products and solutions, unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenues from customers in recently built out or acquired data centers; a failure to complete any financing arrangements contemplated from time to time; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers; risks related to our taxation as a REIT; and other risks described from time to time in Equinix filings with the Securities and Exchange Commission. In particular, see recent Equinix quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.
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SOURCE Equinix, Inc.
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