REDWOOD
CITY, Calif., June 5, 2024
/PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's
digital infrastructure company®, is calling for
municipal planning agencies, energy utilities and heat network
operators around the world to join the Equinix Heat Export program
to unlock the value of the residual heat generated in its
International Business Exchange™ (IBX®) data
centers.
Equinix's innovative Heat Export program recovers residual heat
from its IBX data centers and exports it to buildings in
surrounding communities, providing a cleaner alternative to
traditional methods at a time of rising global energy prices and
supply constraints. The company has implemented several Heat Export
initiatives across Europe and the
Americas with projects in France,
Finland, Germany, Ireland, Switzerland and Canada.
Beginning next month, Equinix plans to export heat in its newest
IBX in Paris, PA10, and transfer
it to the Plaine Saulnier urban development zone and the Olympic
Aquatic Centre, which will host several events during the 2024
Summer Olympics. Heat exported from TR5, one of Equinix's IBX
data centers in Toronto, is
distributed throughout multiple residential buildings, as well as a
nearby hotel, university and local shopping center in downtown
Markham. TR5 also services
multiple buildings with domestic hot water all year long, thanks to
the heat network of Equinix's energy partner, Markham District
Energy.
Equinix is dedicated to expanding its Heat Export program in
suitable locations, where data centers can serve as valuable heat
sources for local communities. It is actively seeking partnerships
with organizations such as heat network operators, energy utilities
and local municipalities to bring heat export projects to fruition.
By collaborating with these entities, Equinix aims to make a
significant positive impact in the communities where it
operates.
"Our Heat Export program is one important way data centers can
give back to their local communities," explained Gary Aitkenhead, SVP, EMEA IBX Operations,
Equinix. "However, it is only possible through collaboration with
energy providers, governments and other third-party enablers. So,
we are asking for more partners to join the program and re-use the
heat from our operations for the good of people and our
planet."
Globally, Equinix is investing in new and innovative
technologies in energy efficiency, renewable energy and heat export
projects as part of its global Future First sustainability
strategy, focusing on areas that have the greatest impact on
customers and key stakeholders. The company was the first in the
data center industry to align to an approved short-term
science-based target, for emissions reduction across its global
operations and supply chain by 2030. It is also a founding
signatory of the EU Climate Neutral Data Centre Operator Pact,
which is leading advocacy and steering the development of
sustainability requirements for the EU data center industry to
become climate neutral by 2030.
For more details about becoming a partner in the Equinix Heat
Export program, please contact
heatexport@equinix.com.
Additional Resources
- What Is Data Center Heat Export and How Does it Work?
- 2023 Equinix Sustainability Report and Global Reporting
Initiative (GRI) Metrics
About Equinix
Equinix (Nasdaq: EQIX) is the world's digital infrastructure
company®. Digital leaders harness Equinix's trusted
platform to bring together and interconnect foundational
infrastructure at software speed. Equinix enables organizations to
access all the right places, partners and possibilities to scale
with agility, speed the launch of digital services, deliver
world-class experiences and multiply their value, while supporting
their sustainability goals.
Forward-Looking Statements
This press release contains forward-looking statements that involve
risks and uncertainties. Actual results may differ materially from
expectations discussed in such forward-looking statements. Factors
that might cause such differences include, but are not limited to,
risks to our business and operating results related to the current
inflationary environment; foreign currency exchange rate
fluctuations; stock price fluctuations; increased costs to procure
power and the general volatility in the global energy market; the
challenges of acquiring, operating and constructing IBX®
and xScale® data centers and developing, deploying and
delivering Equinix products and solutions; unanticipated costs or
difficulties relating to the integration of companies we have
acquired or will acquire into Equinix; a failure to receive
significant revenues from customers in recently built out or
acquired data centers; failure to complete any financing
arrangements contemplated from time to time; competition from
existing and new competitors; the ability to generate sufficient
cash flow or otherwise obtain funds to repay new or outstanding
indebtedness; the loss or decline in business from our key
customers; risks related to our taxation as a REIT; risks related
to regulatory inquiries or litigation and other risks described
from time to time in Equinix filings with the Securities and
Exchange Commission. In particular, see recent and upcoming Equinix
quarterly and annual reports filed with the Securities and Exchange
Commission, copies of which are available upon request from
Equinix. Equinix does not assume any obligation to update the
forward-looking information contained in this press
release.
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SOURCE Equinix, Inc.