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 Billion with potential plans of doubling the investment based on future demand, market opportunity and scalability.
EDGNEX expansion plan will focus on sunbelt states specifically Texas, Arizona, Oklahoma, and Louisiana and Midwest states-Ohio, Illinois, Michigan, and Indiana.
“This is an extremely exciting moment for us. Our foray into the U.S. market in data centers represents a significant milestone in our journey to build a global digital infrastructure platform that will empower businesses today and in the future,” stated Hussain Sajwani, Founder, DAMAC.
Besides its latest foray into data centers, DAMAC as a Group is significantly invested in the US in real estate and through several private equity funds.
