Markets Archives

Markets

FERC tells grid operators to reform data centre rules

The US’s Federal Energy Regulatory Commission (FERC) has directed the six regional grid operators under its jurisdiction to justify or reform the rules that govern how data centres connect to the electric grid. Combined with re-industrialisation, advanced manufacturing, and other large-load u...

June 22

Jack Haddon

Etix adds capital and capacity through Muzinich facility and French data centre deal

Etix is advancing its expansion plans across Asia and Europe through a new financing package in Thailand and a proposed acquisition in France that would increase its data centre footprint and available capacity. Firstly, the company has secured a credit facility of up to US$70 million from investment firm Muzinich & Co, with an initial US$21.5 million tranche allocated ...

June 22

João Marques Lima

EdgeConneX reveals formula behind €3 billion Italy expansion

EdgeConneX is to invest around €3 billion (US$3.5 billion) in three data centre campuses in northern Italy. The project, which has been declared of strategic national interest by the Italian government, will see three data centre campuses built in the Lombardy region by 2031. The facilities are expected to provide more than 300 MW of capacity and attract an additional �...

June 22

Abigail Opiah

Equinix opens sixth Hong Kong data centre with $124 million investment

Equinix (NASDAQ: EQIX) has opened HK6, its sixth International Business Exchange data centre in Hong Kong. The facility is equipped with liquid-cooling technology and is designed to support AI and other high-density workloads that require higher power density and thermal efficiency. Equinix has made an initial investment of US$124 million in HK6. The first phase provides...

June 22

Khamila Mulia