HONG KONG – September 10, 2025 – Equinix, Inc. (Nasdaq: EQIX), Dell Technologies and Schneider Electric today announced the successful deployment of liquid cooling technology in Equinix’s HK1. Close, cross-industry collaboration enabled this important milestone in supporting advanced AI infrastructure in Hong Kong.

As AI adoption accelerates, global power demand from data centers is projected to increase 50% by 2027 and by as much as 165% by the end of the decade.¹ This significant rise in energy consumption and cooling requirements highlights the need to pair traditional air-cooling methods with liquid cooling for supporting next-generation AI and high-performance computing. The application of liquid cooling for high power density (HPD) AI computing servers is now recognized as one of the most effective solutions in the industry.

This pilot program utilizes a 50kW in-rack direct-to-chip liquid cooling system, demonstrating how Equinix data centers in Hong Kong are well positioned to meet the evolving demands of AI and machine learning (ML) workloads.

Highlight/Key Facts

• The program involves the deployment of Dell’s advanced liquid cooled servers and Schneider Electric’s latest evolution of its in-rack liquid cooling CDU system in Equinix HK1 data center.
• Liquid cooling solves high-density, server-cooling issues because liquid (conductive cooling) conducts more than 3,000 times as much heat as air and requires less energy to do so, allowing for increased data center densities.²
• The liquid cooling unit delivers highly effective cooling for HPD servers, offering up to 150kW of cooling capacity per rack, which is 30 times greater than conventional air-cooled systems.
• CLP Power Hong Kong Limited (CLP Power) conducted an energy audit at Equinix’s HK1 and recommended the implementation of liquid cooling system in its data center to enhance energy efficiency. With liquid cooling, energy efficiency is dramatically improved, achieving a PUE of 1.2 or lower, compared to 1.4–1.5 for traditional computer room air conditioning (CRAC) units, while offering potential energy savings of more than 2,000MWh annually per data center if a liquid cooling system is fully implemented across the entire site.
• Schneider Electric’s implementation of its latest in-rack, direct-to-chip liquid cooling CDU system empowers Equinix HK1 to adapt existing infrastructure to the thermal demands of AI computing. Featuring ultra-high heat exchange performance to ensure stable operation of AI chips, the system is engineered for safety and reliability. This innovation is part of Schneider Electric’s broader, end-to-end data center infrastructure portfolio – from design and build to operate and maintain – integrating advanced hardware and software to deliver resilient, efficient, and future-ready data center environments.
• As a leader in liquid cooling infrastructure for modern data centers, Dell PowerEdge servers play a crucial role in the liquid cooling systems at Equinix. They deliver fast, powerful and highly energy-efficient computing solutions, making them an essential component of the overall setup.
• Equinix has recently been recognized for its leadership in sustainability and innovation, earning several awards in Hong Kong throughout 2024 and 2025. These accolades include being named the Regional Winner of the 2025 ASHRAE Technology Award, the Electrical & Mechanical Services Department (EMSD) Operation and Maintenance Best Practice Award 2024, the International Facility Management Association (IFMA) Award 2024 for Excellence in Innovation and Technology Application in Facility Management and the Communications Association of Hong Kong (CAHK) Green ICT Award 2024 – Bronze. These industry awards underscore an ongoing global commitment to advancing sustainable and innovative practices in the data center industry, echoing Equinix's dedication to its Future First strategy.

Quotes

Joanne Hon, Managing Director, Equinix Hong Kong

“As digital transformation keeps pushing industries forward, Equinix is focused on finding new, sustainable ways to support businesses in Hong Kong and beyond. We’re constantly discovering smarter, more sustainable methods to optimize our existing resources as we continue striving towards our goal of achieving net zero targets. Working alongside CLP Power, Dell Technologies and Schneider Electric is a demonstration of what’s possible when you combine fresh thinking with a commitment to sustainability, all while helping our customers move confidently into the future of artificial intelligence and machine learning.”

Jonathan Chiu, President, Schneider Electric Hong Kong

“The explosive growth of AI is reshaping the digital landscape, driving unprecedented demand for high-density computing and energy-efficient infrastructure across data centers. Schneider Electric offers a transformative approach to infrastructure optimization, with advanced liquid cooling technologies that enable operators to address the demands of AI-driven workloads with greater efficiency. Through strategic collaboration with like-minded leaders, we are advancing a smarter and more sustainable data center ecosystem.”

Joseph Law, Managing Director, CLP Power

“CLP Power is delighted to support Equinix in pioneering the adoption of liquid cooling technology. This collaboration demonstrates our commitment to promoting energy efficiency and low-carbon transformation in the data center industry. By aligning with the development trends of Hong Kong’s digital infrastructure, we will continue to offer energy management technical support, enhancing the energy efficiency of data centres and helping Hong Kong achieve its carbon neutrality goal.”

Additional Resources

About Equinix
Equinix, Inc. (Nasdaq: EQIX) shortens the path to boundless connectivity anywhere in the world. Its digital infrastructure, data center footprint and interconnected ecosystems empower innovations that enhance our work, life and planet. Equinix connects economies, countries, organizations and communities, delivering seamless digital experiences and cutting-edge AI—quickly, efficiently and everywhere.

About Schneider Electric
Schneider’s purpose is to create Impact by empowering all to make the most of our energy and resources, bridging progress and sustainability for all. At Schneider, we call this Life Is On. Our mission is to be the trusted partner in Sustainability and Efficiency.

We are a global industrial technology leader bringing world-leading expertise in electrification, automation and digitization to smart industries, resilient infrastructure, future-proof data centers, intelligent buildings, and intuitive homes. Anchored by our deep domain expertise, we provide integrated end-to-end lifecycle AI enabled Industrial IoT solutions with connected products, automation, software and services, delivering digital twins to enable profitable growth for our customers.

We are a people company with an ecosystem of 150,000 colleagues and more than a million partners operating in over 100 countries to ensure proximity to our customers and stakeholders. We embrace diversity and inclusion in everything we do, guided by our meaningful purpose of a sustainable future for all.

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, risks to our business and operating results related to the current inflationary environment; foreign currency exchange rate fluctuations; stock price fluctuations; increased costs to procure power and the general volatility in the global energy market; the challenges of building, and operating, IBX and xScale data centers, including related to sourcing suitable power and land, and any supply chain constraints or increased costs of supplies; the challenges of 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 data centers; 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; risks related to regulatory inquiries or litigation and other risks described from time to time in Equinix filings with the Securities and Exchange Commission. In particular, see recent and upcoming 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.

Equinix Media Contact (Asia-Pacific)
Annie Ho
annho@ap.equinix.com

Equinix Media Contact (Hong Kong)
Miranda Xie
miranda.xie@teamlewis.com

Schneider Electric Hong Kong Media Contact
Carmen Chan
carmen.chan@se.com