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EQUINIX AND NEOEN SIGN FIRST POWER PURCHASE AGREEMENT IN ITALY TO SUPPORT LOCAL GRID DECARBONISATION
Equinix , a digital infrastructure company , and Neoen , one of the world ’ s leading producers of exclusively renewable energy , have signed a 10-year virtual Power Purchase Agreement ( PPA ) of 53MW across seven new-build solar projects . This will support Equinix ’ s ability to maintain 100 % renewable coverage for its International Business Exchange ( IBX ) data centres in Italy while increasing its backing of renewable power projects .
The PPA includes seven Neoen ’ s projects in Northern Italy , close to Equinix data centres in Milan and Genoa . The solar projects will contribute to Italy ’ s Integrated National Plan for Energy and Climate Change targets by 2030 .
The PPA is structured under a portfolio approach . It is the first PPA signed between Neoen and Equinix in Italy and the fifth in Europe over the past three years . These five PPAs represent a total contracted capacity of 210MW across Finland , Sweden and now Italy – a testimony to the strong relationship between the two companies and their continued collaboration in various geographies .
It also brings Neoen ’ s total contracted capacity under corporate PPAs worldwide to over 2.8GW and Equinix ’ s global capacity under long-term renewable energy contracts to around 1.2GW .
Equinix is focused on expanding the breadth and quality of its renewables portfolio and has executed 24 Power Purchase Agreements in total to date across Australia , Singapore , India , France , Iberia , Italy , the Nordics and the US – including 15 PPAs signed in 2023 alone .
Once operational , these projects are expected to generate more than 3,200,000MWh of clean energy , equivalent to the energy needed to power more than 850,000 European households for a year .
With teams based in Brescia , Modena and Rome , Neoen has ambitions to become a major player in Italy and a significant contributor to the development of renewable energy in the country and is currently developing numerous solar and storage projects .
reputation for managing hyperscale data centres and distributed real estate portfolios .
The appointment will reinforce Kao Data ’ s leading reputation for customer service , uptime , operational excellence and sustainability , and provide the highest levels of FM service and procedural standardisation across its existing and new , ‘ next tier ’ data centre locations .
Kao Data , a specialist developer and operator of data centres engineered for AI and advanced computing , has named CBRE Group – one of the world ’ s largest commercial real estate services and investment firms – its new integrated facilities management ( FM ) partner .
CBRE was appointed for its global capability to support Kao Data ’ s European platform expansion and its exceptional
KAO DATA NAMES CBRE AS ITS NEW DATA CENTRE FACILITIES MANAGEMENT PARTNER
As part of the new contract , CBRE will manage the complete spectrum of hard and soft FM services across Kao Data ’ s advanced data centre portfolio . This includes all physical structures , mechanical , electrical , cooling and fire systems within its London data centres , as well as its new Greater Manchester facility , which is anticipated to become operational in 2026 .
CBRE ’ s hard FM and engineering services will include ongoing maintenance and support for Kao Data ’ s low-voltage and highvoltage electrical systems , including its Uninterruptible Power Supplies , switchgear and HVO-powered generators , as well as its hybrid air and liquid cooling systems .
Additionally , CBRE will be responsible for delivering a host of day-to-day , front-of-house FM services , including management of security , access control and cleaning services across Kao Data ’ s facilities , and will integrate its acclaimed Critical Environments Risk Management ( CERM ) programme to better identify and reduce human-related risks , underpinning Kao Data ’ s reputation for 100 % customer uptime .
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