Equinix Turbocharges AI And Cloud Growth With $15B Joint Venture: Expanding xScale Data Centers Worldwide - Equinix (NASDAQ:EQIX) New JV to boost Equinix's U.S. data center footprint with over 1.5GW of power for AI and cloud infrastructure. Equinix, Inc. EQIX shares are trading lower on Thursday. On Tuesday, the company disclosed a joint venture with GIC and Canada Pension Plan Investment Board (CPP Investments). All parties have made equity commitments, and the JV plans to raise more than $15 billion in investable capital through equity and debt. As per the terms, CPP Investments and GIC will each hold a 37.5% equity stake in the joint venture, while Equinix will own 25%. Equinix's current hyperscale joint venture portfolio in Europe, Asia-Pacific, and the Americas has over $8 billion in committed investment. When fully built out, it aims to deliver more than 725 MW of power capacity across 35+ facilities.