Press Release

Equinix Commits Over S$9 Million to Diversify Energy Mix in Singapore

Equinix’s first multi-year funding program supports the expansion of renewable energy access in Singapore and the development of alternative clean energy solutions

SINGAPORE – January 22, 2026 Equinix, Inc. (Nasdaq: EQIX), the world’s digital infrastructure company®, today announced a funding commitment of over S$9 million through 2028 to accelerate Singapore’s clean energy transition and innovation, in line with the Singapore Green Plan 2030. This first-of-its-kind program brings together industry and academia to explore viable energy options in Singapore.

Singapore currently relies heavily on natural gas to meet its energy needs. However, to achieve its net-zero carbon emissions target by 2050, the country must diversify its energy mix with cleaner sources by 2035 and beyond. As part of the Singapore Green Plan, the nation aims to import up to 4 gigawatts of low-carbon electricity by 2035—accounting for approximately 30% of its projected electricity supply. In parallel, Singapore is actively exploring emerging low-carbon technologies such as hydrogen, geothermal energy, and carbon capture, utilization and storage (CCUS). Equinix’s funding is strategically aligned with these national goals, helping expand low-carbon energy options and accelerate the transition to a more sustainable energy future.

Yee May Leong, Managing Director, Singapore, Equinix, said, “The clean energy transition is more than a climate imperative — it is the engine of our digital and AI-driven economy. As Singapore and Asia accelerate into their next phase of digital advancement and AI-driven innovation, clean and renewable power becomes mission-critical. By backing frontier research and innovative projects, we are not only strengthening our path to sustainable infrastructure, but also helping to forge the knowledge, talent, and partnerships that will underpin Singapore’s clean energy leadership for decades to come.”

The first five organizations to receive Equinix grants are listed below:

  • The Asia Clean Energy Coalition (ACEC): It convenes a coalition of world-leading renewable energy buyers, in collaboration with sellers and financiers, to advance enabling policy and regulatory frameworks for corporate renewable electricity procurement across Asia. Equinix partners with ACEC in its broader policy engagement to support analysis and recommendations on renewable energy programs and cross-border electricity imports across Asian markets.
  • Centre for Strategic Energy and Resources  (CSER): A Singapore-based think-and-do tank focused on accelerating Asia’s energy transition. Equinix and CSER will develop a credible evidence-based study to evaluate the potential deployment of nuclear power technologies for Singapore’s future energy needs.
  • The International Tracking Standard Foundation (I-TRACK Foundation): It is a non-profit organization that provides a robust standard for developing attribute tracking systems. Acknowledged by leading reporting frameworks as a reliable backbone for credible and auditable tracking instruments, the I-TRACK Foundation ensures credible, auditable systems and best practices that prevent double-counting, duplicate certificate issuance, and multiple attribute claims. Together with the I-TRACK Foundation, Equinix is coordinating and conducting data assessments on cross-border REC trading framework protocols.
  • Nanyang Technological University, Singapore (NTU Singapore): A leading research-intensive public university with strong expertise in science and engineering is collaborating with Equinix through the Energy Research Institute @ NTU (ERI@N) to study the feasibility of using non-conventional geothermal energy to support data center cooling in Singapore. The joint research will build on NTU Singapore’s long-standing research into renewable energy resources and explore whether geothermal heat beneath Singapore can be harnessed to power low-carbon cooling solutions in the future.
  • National University of Singapore (NUS) Energy Studies Institute (ESI): An energy policy research institute at NUS that seeks to advance the understanding of energy issues by conducting independent research and analyses. Equinix and NUS ESI will examine the technical, economic, and environmental feasibilities of securing a clean hydrogen supply chain and related infrastructure in the country.

Supporting Quotes:

Minh Anh Nguyen, Chief of Staff, Asia Clean Energy Coalition (ACEC), said, “Cross-border renewable energy collaboration is essential for Southeast Asia to scale clean energy at the pace required to meet national and regional climate goals. ACEC focuses on aligning policy, market frameworks, and industry participation to translate clean energy ambition into credible and scalable outcomes for Singapore and the region. We welcome Equinix’s support alongside other stakeholders in advancing transparent and sustainable access to renewable electricity across Asia.”

Dr Victor Nian, Founding Co-Chairman, Centre for Strategic Energy and Resources, said, “Our collaboration with Equinix aims to evaluate the potential deployment of nuclear technologies as a cornerstone of Singapore’s future energy strategy. This initiative underscores our shared commitment to exploring transformative, low-carbon solutions that can deliver long-term energy security and sustainability. With Equinix’s contribution and leadership, we are shaping the next era of clean energy for Singapore.”

Jared Braslawsky, Executive Director of the I-TRACK Foundation, stated, “This collaboration contributes to improved market understanding and the development of frameworks that support renewable energy procurement. The I-TRACK Foundation engages with multiple stakeholders and appreciates Equinix’s support in advancing credible and scalable approaches that support the standardization of energy attribute tracking and clean energy objectives.”

Professor Alessandro Romagnoli, NTU Singapore’s School of Mechanical and Aerospace Engineering, and Cluster Director of Multi-Energy Systems & Grids at the Energy Research Institute at NTU (ERI@N), said, “The research reflects a growing need to explore alternative energy pathways for data centers as demand for digital services continues to rise. NTU was the first to identify strong geothermal energy potential in Singapore. Building on this research, we are studying how geothermal energy can be integrated into data centre cooling and existing energy systems, as part of our broader work on renewable energy integration. Like Equinix, we share the same vision and unwavering commitment to pioneer sustainable innovation that will shape a greener, smarter future for all.”

Professor Lee Poh Seng, Executive Director, NUS ESI, said, “Hydrogen’s role in decarbonization will depend on rigorous end-to-end accounting - carbon intensity, conversion losses, logistics, safety management, and the enabling infrastructure needed to deliver molecules reliably at scale. Through this collaboration with Equinix, we are assessing technical and economic feasibility alongside environmental performance, to identify where hydrogen makes sense and what system conditions must be in place. The goal is to provide an objective, implementation-oriented basis for a viable clean hydrogen supply chain in Singapore.”

Additional Resources

About Equinix
Equinix, Inc. (Nasdaq: EQIX) shortens the path to boundless connectivity anywhere in the world. Its digital infrastructure, data center footprint and interconnected ecosystems empower innovations that enhance our work, life and planet. Equinix connects economies, countries, organizations and communities, delivering seamless digital experiences and cutting-edge AI—quickly, efficiently and everywhere.

Forward Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, risks to our business and operating results related to the current inflationary environment; foreign currency exchange rate fluctuations; stock price fluctuations; increased costs to procure power and the general volatility in the global energy market; the challenges of building and operating IBX® and xScale® data centers, including those related to sourcing suitable power and land, and any supply chain constraints or increased costs of supplies; the challenges of developing, deploying and delivering Equinix products and solutions; unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenues from customers in recently built out or acquired data centers; failure to complete any financing arrangements contemplated from time to time; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers; risks related to our taxation as a REIT; risks related to regulatory inquiries or litigation; and other risks described from time to time in Equinix filings with the Securities and Exchange Commission. In particular, see recent and upcoming Equinix quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.

Media Contact (Asia-Pacific)
Equinix
Annie Ho
annho@ap.equinix.com  

Media Contact (Singapore)
TEAM LEWIS
Sarah Mustaffa
+65 9665 5742  
equinixSG@teamlewis.com

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