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Jun 23, 2022
HELSINKI, Finland – 23 June 2022 – Equinix, Inc. (Nasdaq: EQIX), the world’s digital infrastructure company, and Helen, one of the largest energy companies in Finland, have extended their pioneering energy efficiency partnership to reuse waste heat generated by the cooling process of data centers in Suvilahti (HE3) and Viikinmäki (HE5) to provide heating to thousands of additional homes and businesses in Helsinki.
Helen and Equinix have a long established and successful partnership, working together and reusing data center heat to provide heating for homes in the Helsinki area for over a decade. The two companies pioneered the first data center heating project in the world, where waste heat was captured and reused through Helen´s district heating network in Kanavaranta to heat homes in Helsinki since 2010.
The extension of the agreement enables Helen to tap into the additional waste heat generated from Equinix International Business Exchange (IBX) data centers in Suvilahti and Viikinmäki, known as HE3 and HE5 respectively, and distribute it to benefit Helsinki residents.
Both Equinix and Helen have pledged to become carbon neutral by 2030.
Reusing waste heat is an excellent way of reducing the carbon impact on the environment in Helsinki. Because Equinix data centers use 100% renewable electricity, recycling waste heat provides Helsinki residents with renewable energy for heating and becomes a significantly more efficient way of removing waste heat created by the data center in the cooling process.
Data center waste heat is as an important part of Helen’s transition to become a distributed energy system where energy is produced from various sources. Helen´s excessive, 1409 km long district heating network in Helsinki also enables flexible implementation of different waste heat concepts, such as the Equinix data centers, and acts as an excellent platform for new carbon-neutral solutions.
Commenting on the significance of the relationship between the two companies, Sami Holopainen, CEO of Equinix Finland said, “Helen and Equinix are two of the first companies that brought data center district heating to the city of Helsinki and I am extremely proud to be able to continue that long held relationship with the addition of these district heating projects to two of our most innovative data centers. Waste heat is generated cooling the servers in data centers. Before innovative energy capturing, waste heat was released to the atmosphere. Now, Equinix and Helen are able to use this waste heat in a distributed energy system, where energy is produced, recovered and stored in several locations in an emission-free and secure way.”
“The importance of investing both in energy self-sufficiency and new energy solutions to mitigate the climate change is higher than ever tells Timo Aaltonen, Helen’s SVP, Operations and Asset Management. “Our long-term partnership with Equinix is an example of groundbreaking projects data center companies can embark to create meaningful value to residents around these centers. With Equinix’s waste heat, we are able to warm up several thousand households in the greater Helsinki area.”
Equinix Press Contact:
Equinix Media Relations
Tom Farthing (Equinix PR Manager EMEA)
press@equinix.com
Helen press contact:
Henrietta Lahti, Business Lead, Datacenter and Waste Heat Solutions, r, +358 40 3361331, henrietta.lahti(a)helen.fi
Vilma Wiitakorpi Björkman, Head of Communications, +358 50 3080879, vilma.wiitakorpi-bjorkman(a)helen.fi
About Equinix
Equinix (Nasdaq: EQIX) is the world’s digital infrastructure company, enabling digital leaders to harness a trusted platform to bring together and interconnect the foundational infrastructure that powers their success. Equinix enables today’s businesses to access all the right places, partners and possibilities they need to accelerate advantage. With Equinix, they can scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value.
About Helen Ltd
Helen Ltd helps to make everyday life a little easier for over 550,000 customers in Finland. In addition to heat, cooling and electricity, we offer solutions for regional and renewable energy, smart buildings and electric transport. We are developing a smarter, carbon-neutral energy system that enables everyone to produce, use and save energy with respect for the environment. We aim to achieve 100% carbon neutrality in our energy production by 2030. Let’s join forces and turn the opportunities of a new energy era into reality.
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, the challenges of acquiring, operating and constructing IBX® datacenters and 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 datacenters; a 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; and other risks described from time to time in Equinix filings with the Securities and Exchange Commission. In particular, see recent 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.
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