Equinix has announced that it is investing €32 million to expand two of its data centers in Finland. The company is expanding two of its IBX (International Business Exchange) sites, located in Helsinki, and names HE5 and HE7.
The company plans to add approximately 800 cabinets. Equinix said that the expansion is designed to meet the growing demand in the region, driven by the COVID-19 work-from-home guidelines that forced people to work from home en masse.
Sami Holopainen, the managing director of Equinix in Finland said that customer demand in Finland continues to grow.
Equinix in Finland
Growth in Finland and the surrounding region is the reason why the company is investing in tech development there.
Sami continued to say that the pace of global digital transformation, including in Finland, has considerably picked up speed in recent years.
Currently, Equinix has about six data centers in Helsinki. All of them run on 100% renewable energy. Excess heat from the centers is used to heat and cool apartment buildings within Helsinki. The city uses Helsinki Energy to distribute the heat.
The future of Equinix
Judith Gardiner, the Veep of growth and emerging markets at Equinix says that Finland is a great location for Equinix. She said that the cool Nordic climate is a tremendous asset when it comes to cooling power needs and connectivity to other Eastern European markets.
Soon, she says that Finland will have the shortest latency route between Europe and Asia-Pacific when the Arctic Connect Cable project is finished.
Equinix was part of major European cloud and data center operators that signed an agreement to become climate neutral by 2030.