- EDGNEX announced an initial $20 Billion investment with a plan to potentially double the investment based on future demand
- The U.S. market is critical to EDGNEX’s global and exponential growth strategy.
- As a group, DAMAC is invested significantly in the U.S. through several private equity funds and in real estate in Miami.
- The data center expansion will include key U.S. regions, i.e. Sunbelt and Midwest states.
DUBAI and PALM BEACH, Fla., Jan. 8, 2025 /PRNewswire/ — Dubai-headquartered global digital infrastructure company EDGNEX Data Centers by DAMAC (fully owned by global group DAMAC) has announced its strategic entry in data centers into the United States market, marking a transformative phase in its international expansion. The announced US expansion will deliver state-of-the-art data centers targeting a 2000MW capacity over the next four years. EDGNEX announced an initial investment of $20 Billionwith potential plans of doubling the investment on the basis of future demand, market opportunity …