​Equinix to invest $97m in fourth Sydney datacentre

Equinix will be opening up another international business exchange datacentre in Sydney to meet the growing demand for its cloud exchange offering.

Equinix plans to pour more than $97 million into building its fourth datacentre in Sydney.

The international business exchange datacentre, to be labelled SY4, will be the company's fifth datacentre in Australia, where three already exist in Sydney and one in Melbourne. The opening of SY4 will take the company's total invest in Australia close to $360 million.

To be located in Alexandria, just south of Sydney's CBD and in close proximity to Equinix's SY1, SY2, and SY3 facilities, SY4 will be a 12,500-square metre facility that is expected to contain a total of 3,000 cabinets of capacity. During the first phase of the build, 1,500 cabinets are scheduled for completion by Q2 2016.

Additionally, SY4 will be interconnected to the nearby datacentres via dense dedicate fibre loop.

According to Equinix Australia managing director Jeremy Deutsch, the expansion of the company's datacentre footprint in Sydney is a response to market demand for its cloud exchange offering.

"SY4 shows our ongoing commitment in the Sydney market, and will enable our Australian customers to continue to take advantage of innovations including hybrid cloud architectures and the Equinix Cloud Exchange," he said.

"The new facility will ensure that we continue to deliver on our promise to help businesses safeguard their mission-critical data, aid growth and rapid scalable deployment through our global footprint, and with the highest levels of security and operational reliability."

Equinix's ME1 facility in Melbourne, which opened at the end of last year, is being partially occupied by Telstra, which is leveraging the facility to grow its datacentre connectivity. Telstra is also occupying space at the SY3 facility.