GIC backs $525m Korea data centre program
Singapore’s GIC has teamed up with digital infrastructure company Equinix with a view to investing USD 525m in the development of two data centres in Korea.
GIC and Equinix will respectively take 80% and 20% equity interests in the joint venture, which will also operate the facilities, both in Seoul. It expands Equinix’s xScale data centre portfolio 36 facilities...
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