Equinix is to build a second data center in Lisbon, Portugal.
The colocation firm this week announced plans for LS2, a new International Business Exchange (IBX) facility to be located adjacent to Equinix's existing LS1 site.
Due to open in the first quarter of 2025, LS2 will offer 2,050 square meters (22,065 sq ft) of colocation space. The company aims to invest €50 million ($54.3m) in the project.
Carlos Paulino, managing director of Equinix in Portugal, said: “The surge in demand we are seeing from companies in Lisbon and across the Atlantic and Mediterranean makes this investment timely and significant. Lisbon has the potential to become a dense and valuable strategic hub, and we are delighted to contribute to its growth and position ourselves as the cornerstone of Europe.”
Equinix currently operates a single data center – LS1 – in Lisbon. The site - at Avenida Severiano Falcao, 14 Prior Velho - consists of one building with 16,000 square feet (1,475 sqm) of colocation space. Equinix acquired the site from Itconic in 2017, with Itconic having acquired it from Telvent/Carrierhouse in 2015.
Plans for a second Lisbon facility – LS2 – were first revealed in an earning call last year. The facility will initially offer 625 racks.
Judith Gardiner, VP for growth and emerging markets at Equinix, added: “Equinix is committed to supporting the sustainable growth of the Internet to serve economies across the world. Lisbon has immense potential to become a valuable strategic hub for international businesses scaling their operations across Europe, the Americas, and Africa. Our newest Lisbon IBX solidifies Equinix’s position as the leading connectivity provider for southern Europe, serving the world’s digital infrastructure needs beautifully.”
Equinix signed a solar PPA in Portugal with Sonnedix last year. The ten-year deal will see the colocation firm procure the output from Sonnedix’s first Portuguese solar PV project, the 149MW Sonnedix Douro, when it launches next summer.