The partnership between EQT Infrastructure and EdgeConneX in the data center industry signals a significant step towards building and operating advanced, custom data centers to cater to the needs of hyperscale clients worldwide. This collaboration marks a major expansion into new markets for both organizations.
EdgeConneX, with the backing of EQT Infrastructure IV and EQT Infrastructure V, has been focused on delivering reliable data center solutions. Since EQT’s acquisition of the company in 2020, EdgeConneX has experienced substantial growth, tripling its capacity and expanding into new regions such as Asia, Latin America, and additional parts of Europe. With over 80 operational or under development data centers in more than 50 markets across North America, Europe, the Asia-Pacific region, and South America, EdgeConneX has established a strong presence globally.
Jan Vesely, a partner at EQT Infrastructure, emphasized the importance of the partnership with EdgeConneX. He praised EdgeConneX’s leadership in the data center sector and the expertise of its team. Vesely expressed confidence in the collaboration’s ability to position EdgeConneX as a key player in the global digital infrastructure industry, leveraging EQT Infrastructure’s global reach and commitment to sustainable growth.
The growing demand in the data center industry, driven by trends like digitalization, cloud adoption, and the rise of artificial intelligence (AI), underscores the need for expansion. By 2030, the capacity required for AI deployments is expected to triple, presenting significant growth opportunities. The investment by EQT Infrastructure VI and EdgeConneX aims to address this demand by adding hundreds of megawatts of data center capacity to support hyperscale clients and digital economies worldwide.
Randy Brouckman, CEO of EdgeConneX, highlighted the company’s customer-centric approach and the importance of providing the right capacity, configuration, and location to meet client needs. He emphasized the role of data centers in supporting key technologies, businesses, and end-users, driving the growth of digital economies globally. Brouckman expressed excitement about the partnership with EQT Infrastructure and the potential for rapid expansion facilitated by EQT’s strong presence in key markets.
The transaction positions EQT Infrastructure VI to be approximately 30-35% invested, including closed or signed investments, announced public offers, and potential syndications, in relation to the target fund size. This development signifies a significant advancement in the data center industry, enhancing digital infrastructure capacity to meet the evolving demands of the global digital economy.
