# SAVRN Index: Equinix AI Infrastructure Profile Source: https://savrn.com/ai-index/companies/equinix Markdown alternate of the page above; the site index is https://savrn.com/llms.txt --- [SAVRN Index.](https://savrn.com/ai-index) Explore the IndexCompanies Equinix guided to $4-5B of capex per year through 2029, up from $3.3B in 2025, exceeding the $3-4B per year framing in the brief. It agreed to form a greater-than-$15B xScale joint venture with GIC and CPP Investments on a 37.5%/37.5%/25% split targeting more than 1.5 GW in the United States, with $15B planned, roughly $6B invested and 750+ MW committed as of its 2025 Analyst Day. It remains one of two developers still pursuing three proposed mega data centers in Seattle City Light territory that were captured by Seattle's one-year moratorium. Updated October 8, 2026Capital record from the Capital Atlas Named sites 2 Site commitments on record for Equinix Disclosed site capital $836M Named sites with a stated dollar figure. A floor, not a capex total Disclosed capacity 54 MW Named sites with a stated megawatt figure Financing transactions 3 Transactions naming Equinix or one of its sites Sources 15 Every cited page, listed below MarketMarket data from TradingView, delayed Loading NASDAQ:EQIX from TradingView Spending ## Reported and guided spending Audited, reported and guided figures as the filing or release states them. Reported lines are what was spent, and guidance is what management expects. They sit side by side and are never combined. | Period | Kind | Amount | As stated | Sources | | --- | --- | --- | --- | --- | | 2026-2029 | guidance | $4.5B | superseded: guided to $4-5B per year through 2029 per S&P (June 2025); Equinix's own Q2 2026 release gives the prior outlook as $3-4B per year and raises it to $5-7B for 2027-2029 | | | 2027-2029 | guidance | $6.0B | Total capital expenditures annual range $5,000-7,000 million for 2027-2029, excluding M&A, real estate acquisitions and xScale JV investments; midpoint recorded; 2026 guided at $5.0-6.0 billion (Q2 2026 results, 29 July 2026) | | | FY2025 | reported | $3.3B | $3.3B in 2025 | | | 2025 Analyst Day | aum | ≥$15.0B | xScale: $15B planned, ~$6B invested, and 750+ MW committed | | Named sites ## Where Equinix builds | Site | State | Place | Capital | MW | Status | Sources | | --- | --- | --- | --- | --- | --- | --- | | Equinix DA12 data center (1550 West Mockingbird Lane)with Margulies Hoelzli Architecture (design) | [Texas](https://savrn.com/data-center-capital-atlas/texas) | Dallas, Dallas County | ≥$836M | n.a. | under construction | | | Equinix proposed SoDo data center (nine-story, 54 MW)Moratorium adopted 9 June 2026; project reported vested and advancing 3 October 2026 (environmental permit documents submitted to the state June 2026) | [Washington](https://savrn.com/data-center-capital-atlas/washington) | Seattle | n.a. | 54 | proposed | | Financing ## Financing transactions Transactions that name Equinix as a party or attach to one of its named sites. Amounts are as stated, and overlapping commitments are never summed. | Parties | Instrument | Amount | Date | Site | Sources | | --- | --- | --- | --- | --- | --- | | Equinix + GIC + CPP InvestmentsEquinix agreed to form a greater-than-$15B xScale joint venture with GIC and CPP Investments targeting more than 1.5 GW in the United States, with 750+ MW committed as of the 2025 Analyst Day. | jv equity | $15.0B | agreement announced; as of 2025 Analyst Day $15B planned, ~$6B invested | n.a. | | | Equinix + Bank of America + BNP Paribas + Citibank + Goldman Sachs + HSBC + JPMorgan Chase + MUFGEquinix entered a $5.5 billion revolving credit agreement with Bank of America as administrative agent. Proceeds are available for working capital, capital expenditures, acquisitions and general corporate purposes | debt facility | $5.5B | Entered 27 July 2026 | n.a. | | | Equinix + Equinix Europe 2 Financing Corporation LLCEquinix and a finance subsidiary sold $3.0 billion of senior unsecured notes in four tranches under underwriting agreements dated 30 July 2026. The 2031 notes were issued by Equinix Europe 2 Financing Corporation and guaranteed by Equinix | project bond | ~$3.0B | Priced 30 July 2026; issued 6 August 2026 | n.a. | | The record ## Sourced facts on Equinix - Equinix and Prologis are the two remaining developers still pursuing three of five originally proposed mega data centers in Seattle City Light territory after two developers withdrew. - The Seattle projects sat inside the 369 MW that four companies asked Seattle City Light about in April 2026, and were captured by Seattle's one-year moratorium on data centers above 20 MVA, adopted 9-0 on June 9, 2026 with an option to extend six months. - Site-level Virginia, Texas and Chicago delay disclosures were n.a. in the fetched record. Sources ## Sources for Equinix Every source cited on this page, once each. - tdlr.texas.gov[TDLR TABS DA12-1 (TABS2026006348)](https://www.tdlr.texas.gov/TABS/Search/Project/TABS2026006348) - tdlr.texas.gov[TDLR TABS DA12-2 (TABS2026006556)](https://www.tdlr.texas.gov/TABS/Search/Project/TABS2026006556) - bizjournals.com[Dallas Business Journal (paywalled)](https://www.bizjournals.com/dallas/news/2026/09/30/equinix-data-center-begins-to-rise-west-dallas.html) - theurbanist.org[The Urbanist](https://www.theurbanist.org/seattle-advances-data-center-moratorium-amid-public-backlash/) - activerain.com[ActiveRain summary](https://activerain.com/blogsview/5938356/big-tech-killed-washington-s-data-center-bill--then-seattle-acted-) - seattletimes.com[The Seattle Times](https://www.seattletimes.com/seattle-news/climate-lab/why-seattles-data-center-moratorium-isnt-stopping-new-projects/) - investor.equinix.com[Equinix](https://investor.equinix.com/news-events/press-releases/detail/1053/equinix-agrees-to-form-greater-than-15b-jv-to-expand) - d1io3yog0oux5.cloudfront.net[Equinix Analyst Day 2025](https://d1io3yog0oux5.cloudfront.net/_61ce85944b338f3e09395ba2ce8fd459/equinix/files/Equinix_Analyst_Day_2025_Building_Bolder_and_xScale_Kiosk_-_vF.pdf) - sec.gov[SEC Form 8-K (Equinix)](https://www.sec.gov/Archives/edgar/data/1101239/000110123926000148/eqix-20260727.htm) - sec.gov[SEC Form 10-Q (Equinix, Q2 2026)](https://www.sec.gov/Archives/edgar/data/1101239/000110123926000147/eqix-20260630.htm) - sec.gov[SEC Form 8-K (Equinix)](https://www.sec.gov/Archives/edgar/data/1101239/000110465926092009/tm2622384d1_8k.htm) - sec.gov[SEC Form FWP final term sheet (Equinix)](https://www.sec.gov/Archives/edgar/data/1101239/000110465926088885/tm2621537d3_fwp.htm) - spglobal.com[S&P Global Market Intelligence](https://www.spglobal.com/market-intelligence/en/news-insights/articles/2025/6/digital-realty-equinix-ramp-up-datacenters-as-ai-drives-demand-90542889) - sec.gov[Equinix Q2 2026 results, Form 8-K Exhibit 99.1 (SEC)](https://www.sec.gov/Archives/edgar/data/1101239/000110123926000145/a991eqix-q226xpr.htm) - x.com[Puget Sound Business Journal](https://x.com/PSBJ/status/2065777498068066567) Data center developer ## More in the Index [Aligned Data Centers](https://savrn.com/ai-index/companies/aligned-data-centers)[Cloverleaf Infrastructure](https://savrn.com/ai-index/companies/cloverleaf-infrastructure)[Cologix](https://savrn.com/ai-index/companies/cologix)[Compass Datacenters](https://savrn.com/ai-index/companies/compass-datacenters)[CyrusOne](https://savrn.com/ai-index/companies/cyrusone)[DataBank](https://savrn.com/ai-index/companies/databank)[Digital Realty Trust](https://savrn.com/ai-index/companies/digital-realty)[EdgeConneX](https://savrn.com/ai-index/companies/edgeconnex)[Flexential](https://savrn.com/ai-index/companies/flexential)[H5 Data Centers](https://savrn.com/ai-index/companies/h5-data-centers)[Iron Mountain](https://savrn.com/ai-index/companies/iron-mountain)[Novva Data Centers](https://savrn.com/ai-index/companies/novva-data-centers)[Prime Data Centers](https://savrn.com/ai-index/companies/prime-data-centers)[QTS Realty Trust (Blackstone)](https://savrn.com/ai-index/companies/qts-realty-trust)[Rowan Digital Infrastructure](https://savrn.com/ai-index/companies/rowan-digital-infrastructure)[Sabey Data Centers](https://savrn.com/ai-index/companies/sabey-data-centers)[SB Energy](https://savrn.com/ai-index/companies/sb-energy)[STACK Infrastructure](https://savrn.com/ai-index/companies/stack-infrastructure)[Tract](https://savrn.com/ai-index/companies/tract)[Vantage Data Centers](https://savrn.com/ai-index/companies/vantage-data-centers) Capital figures come from the [Capital Atlas](https://savrn.com/data-center-capital-atlas), refreshed every Tuesday, Thursday and Saturday. Site commitments overlap reported capital expenditure and overlap one another, so each figure appears as its source states it and none are added into a single deployment number. Informational, not investment advice. Sources The SAVRN reference set ## Seven references, one system Capital, delay, policy, water, grid, permits and scarcity are one system seen from seven sides. Each reference is primary-sourced, refreshed on a schedule, and links into the others, so a project can be followed from the money committed to the docket that stopped it. Capital Atlas Who is funding AI data centers: capital providers, named sites, financing transactions, and the blocked-and-delayed record, state by state and company by company. [Open the atlas →](https://savrn.com/data-center-capital-atlas) Delay Watchlist Project-level slippage: named projects, jurisdictional actions, utility and federal dockets, SEC disclosures, and the interconnection queue. Open the watchlist → Moratorium Tracker The policy layer: every state measure and local moratorium mapped and cited, with one page per state. Open the tracker → Water Tracker Every federal, state, local and interstate water measure that touches a data center, plus a fifty-state water ledger. Open the water tracker → Grid Operator Watchlist ERCOT, PJM, MISO, CAISO, SPP, NYISO, ISO-NE and FERC: the large-load rules, filings and queue positions that decide whether a site can energize. Open the watchlist → Permits and Power Development Data center and substation permits, large loads in the interconnection queues, and the power plants planned to serve them, refreshed hourly from public records. Open the permits tracker → SAVRN Scarcity Tracker Eleven primary-sourced indicators of AI infrastructure scarcity, one composite index, read against the token index, SAVRN's own cost basis and the frontier ceiling. Open the scarcity tracker → Have a specific address? Site Intelligence reads all seven references against one location, county, utility and grid operator included, and cites every finding. [Check an address →](https://savrn.com/site-intelligence)