#United States #Florida #Digital Infrastructure #EDGNEX Data Centers #DAMAC

EDGNEX Data Centers Announces Expansion into the US Market

EDGNEX Data Centers, a subsidiary of the global group DAMAC, has made a significant announcement regarding its strategic expansion into the United States market. With an initial investment of $20 billion, the company aims to enhance its digital infrastructure and is set to potentially double this investment based on future market demands.

The launch of operations in the United States is a crucial development in EDGNEX's global growth strategy and represents a significant shift in its international expansion efforts. Over the next four years, EDGNEX plans to establish high-tech data centers with a targeted capacity of 2000 MW. This ambitious endeavor marks a transformative phase for the company, as it seeks to reinforce its commitment to delivering world-class digital infrastructure solutions.

Strategic Focus Areas

EDGNEX's expansion strategy will primarily focus on vital American regions, notably the Sun Belt and Midwestern states. Specific states targeted include Texas, Arizona, Oklahoma, Louisiana, Ohio, Illinois, Michigan, and Indiana. This geographic focus aligns with the company's vision to capture the growing demand for data services in these emerging tech hubs.

Founder and Chairman of DAMAC, Hussain Sajwani, expressed excitement regarding this venture, stating, "Entering the U.S. data center market marks a major milestone in our journey towards building a global digital infrastructure platform that empowers businesses today and for the future. By leveraging our expertise in real estate and data centers, we aim to create top-tier infrastructure that supports the next wave of growth in cloud services and artificial intelligence."

First Phase of Implementation

The initial phase of this ambitious project will involve increasing capacity through joint ventures with local partners, acquiring land for new facilities, and considering existing data centers for acquisition. This phase is expected to account for approximately 500 MW of capacity — one in the Sun Belt and one in the Midwest.

EDGNEX aims to provide scalable, reliable and sustainable infrastructure solutions that meet the evolving needs of companies across various sectors, from hyperscalers to Fortune 500 enterprises. The company’s commitment to innovation is further demonstrated by its approach to building decentralized infrastructures tailored for customer empowerment in the U.S. and around the world.

Global Portfolio and Growth Strategy

EDGNEX currently operates in ten countries worldwide, including the U.S., with an anticipated total capacity exceeding 1000 MW across its facilities. Existing operational data centers are located in Saudi Arabia and Thailand, contributing to EDGNEX’s aim to achieve over 300 MW in capacity by 2026.

Since its inception in 2021, EDGNEX has rapidly expanded in the Middle East, Southeast Asia, and Europe. The company's team, consisting of over 100 professionals, is set to grow further to support these expansion plans while establishing new benchmarks for secure, scalable, and sustainable digital infrastructure.

As it forges ahead, EDGNEX plans to capitalize on DAMAC's capital, bank loans, and potential third-party funding to ensure a robust foundation for its U.S. expansion.

Conclusion

EDGNEX Data Centers is positioned to revolutionize the data center market with its aggressive investment and significant commitment to building high-quality infrastructure. By establishing its presence in the United States, EDGNEX not only aims to cater to the local market's demands but also leverages its global expertise to set new standards in the digital infrastructure landscape. This expansion is not just a business venture, but part of a broader vision to power innovation and growth worldwide.

For further information on EDGNEX and its expansion plans, visit www.edgnex.com.