Transactions | Apr 15, 2024
Equinix, PGIM Real Estate enter into $600m JV for first U.S. xScale Data Center
Equinix, Inc. and PGIM Real Estate, the real estate investment and financing arm of PGIM, Prudential Financial's global asset management business, have entered into a $600 million joint venture to develop and operate the first xScale data center in the United States, located in the Silicon Valley.