EDGNEX Data Centers by DAMAC Embarks on Ambitious U.S. Expansion with 2000MW Capacity Plan

EDGNEX Data Centers by DAMAC Expands into the U.S. Market

Dubai-based EDGNEX Data Centers, a renowned name in global digital infrastructure, has unveiled its ambitious plans to enter the U.S. market. This strategic move marks a significant milestone in their global expansion efforts, reflecting the company’s commitment to innovation and growth.

A Bold $20 Billion Investment Plan

EDGNEX Data Centers plans to invest an initial $20 billion in establishing cutting-edge data centers across key regions in the United States. This investment is projected to potentially double based on market demand over the coming years.

The expansion is not just about numbers; it represents a determined effort to cater to the needs of hyperscale technology companies, AI innovators, and Fortune 500 entities. The facility aims for a remarkable 2000MW capacity over the next four years, emphasizing EDGNEX's commitment to delivering sustainable and high-quality infrastructure tailored to the needs of its clientele.

Target Locations for Development

The primary focus of this expansion will be on the Sunbelt and Midwest regions, specifically targeting states like Texas, Arizona, Oklahoma, Louisiana, Ohio, Illinois, Michigan, and Indiana. These areas have been identified due to their flourishing technological landscapes and demand for reliable data center solutions.

EDGNEX is set to launch the first phase of this project by establishing about 500MW of capacity. This will be achieved through partnerships with local entities and by acquiring existing data center facilities to enhance its operations promptly.

Aiming for Global Leadership in Digital Infrastructure

Hussain Sajwani, Founder and Chairman of DAMAC, expressed his enthusiasm about this venture. He stated, “Our entry into the U.S. market represents a critical juncture in our efforts to build a global digital infrastructure platform. We are poised to support the next wave of cloud and AI growth while reinforcing the U.S.'s role in the global technology ecosystem.”

Additionally, DAMAC has made significant investments in real estate within the U.S., most notably a boutique condo project in Miami with a projected development value of $1 billion, showcasing its diverse portfolio across sectors.

The Vision for Future Growth

The establishment of EDGNEX in the U.S. comes amid rapid expansion in the digital landscape, where firms increasingly migrate to cloud and AI-based solutions. It's estimated this market may grow significantly over the next 15 years, providing a lucrative opportunity for DAMAC to cement its position in this rapidly evolving sector.

EDGNEX currently operates in 10 countries with a projected capacity exceeding 1000MW. Their existing data centers in locations like Saudi Arabia and Thailand underline their capability and ambition to scale effectively.

Building a Robust Team

Supporting this expansion is EDGNEX's management team, composed of over 100 professionals spread across the Middle East, Europe, and Asia, who are gearing up to enhance their workforce to meet the increasing demands of the U.S. market. They are committed to providing secure, scalable, and sustainable digital infrastructure solutions.

This strategic leap into the United States is just the beginning for EDGNEX, positioning itself as a vital player in the future of digital infrastructure, aiming not just to meet current market needs but to anticipate and evolve with the demands of tomorrow.

For more information, you can visit EDGNEX's official website.