Data center firm Digital Realty, investment firm Brookfield Infrastructure, and Indian conglomerate Reliance Industries Limited (RIL) are partnering to develop data centers. The three companies this week announced a planned three-way joint venture (JV) to develop ‘high-quality, highly-connected, and scalable’ data centers in India. – BAM Digital Realty The new JV will operate under the brand name Digital Connexion: A Brookfield, Jio, and Digital Realty Company. Each partner will own one-third of the joint venture. Digital Connexion will have a dedicated management team in India, with leadership oversight from Digital Realty, Brookfield, and RIL. Terms of the investment weren’t disclosed, but it is expected to complete in the next three months. Digital said the new JV “succeeds and builds on the strong foundation” laid by BAM Digital Realty, the previous India-focused JV between the data center firm and Brookfield. The new Digital Connexion will continue to develop the two data centers BAM Digital was developing in Mumbai and Chennai. The first 20MW greenfield data center (MAA10), on a 100 MW campus in Chennai, is expected to be completed by the end of 2023. The JV recently acquired 2.15 acres of land in Mumbai to build a 40MW data center. […]
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