AMSTERDAM, Netherlands., August 14, 2025 -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, announced a landmark collaboration with Amsterdam-based ULC-Energy to explore delivering up to 250 MWe of next-generation nuclear power to data centers in the Netherlands. This agreement is part of a broader Equinix initiative with leading clean energy innovators, including Oklo, Radiant, Stellaria, and Bloom Energy, to develop reliable and sustainable electricity to support the needs of Equinix data centers worldwide. This is part of Equinix’s diversified portfolio power strategy to help mitigate potential power constraints in the future, by expanding traditional power arrangements with utilities and combining new on-site power generation technologies and exploring next generation nuclear energy. These agreements reflect Equinix’s focus to support the scale, efficiency and resiliency customers need through a comprehensive approach to power.
As part of this initiative, Equinix has signed a Letter of Intent with ULC-Energy for a power purchase agreement (PPA) of up to 250 MWe to power data centers in the Netherlands. ULC-Energy is a nuclear project developer that in 2022 selected Rolls-Royce SMR as its preferred technology solution for deployment of small modular reactors (SMRs) in the Netherlands. Rolls-Royce SMR is developing a 470 MWe light water small modular reactor. In June, the company was selected as the preferred bidder to partner with Great British Energy – Nuclear to deploy the UK’s first SMRs.
According to a report from the International Energy Agency, the world’s electricity consumption is projected to grow 4% annually through 2027, marking the fastest pace in recent years. This surge is driven by a perfect storm of factors: unprecedented electrification, data center expansion driven by artificial intelligence, and a resurgence in industrial manufacturing. This rising demand can put a strain on utility providers to generate enough power and is already putting pressure on aging electrical grids to distribute it. In the Netherlands, Equinix’s collaboration with ULC-Energy to deploy Rolls-Royce SMR technology, is a critical part of meeting future energy needs sustainably and reliably.
Equinix is taking a diversified portfolio approach to the global energy challenge by tapping into innovative power technologies and working directly with utilities to strengthen the grid. As of today, Equinix is funding and supporting advanced transmission system upgrades with utility partners, including new substations that will enhance grid reliability and emergency backup solutions that aim to benefit all ratepayers during power interruptions. Equinix is also investing in power solutions such as fuel cells and natural gas that are expected to enhance operations while adding capacity resources to the grids where it operates. Looking ahead, the company is supporting the development of advanced nuclear technologies that can deliver reliable, clean power in the future.
“Our partnership with ULC-Energy marks an important milestone in Equinix’s mission to support sustainable growth in the Netherlands,” said Michiel Eielts, Managing Director for Equinix in the Netherlands. “By securing Rolls-Royce SMR capacity, we’re not only ensuring reliable and clean energy for our data centers but also contributing to a resilient energy future that benefits local communities, supports economic development, and helps reduce the environmental impact of digital infrastructure.”
“SMRs are ideally suited to power increasing demand for data centers” explained Dirk Rabelink, CEO of ULC-Energy. “They can deliver clean baseload electricity safely, reliably and affordably. ULC-Energy has developed a deployment model that leverages the SMR’s capability to address data center energy requirements whilst also providing a realistic and affordable solution to support the increasing regional grid and energy challenges. The SMR-powered data center will enable a clean digital solution and will be a strategic regional energy asset benefitting many local stakeholders.”
Next generation nuclear technologies can offer a pathway to faster nuclear deployments due to their simplified design and robust safety features. Equinix sees safe, efficient and reliable nuclear energy as a promising solution to help power both data centers and the broader grid. In addition to its collaboration with ULC-Energy to deliver next-generation nuclear power to data centers in the Netherlands, Equinix is also working with other providers around the world:
Equinix is committed to being part of the creative and sustainable solutions that help address the world’s growing energy needs. As data centers continue to provide the crucial infrastructure powering AI and the global economy, it is essential to develop and deploy the energy infrastructure required to power them. The company remains committed to sourcing 100% clean and renewable energy across its global portfolio by 2030 and has already achieved 96% renewable energy coverage globally, with 250 sites operating with 100% renewable energy coverage in 2024.
Equinix also designs highly efficient data centers aimed at optimizing energy use. Since 2022, the company has phased in the adoption of industry best practice ASHRAE A1 Allowable (A1A) standards at new sites worldwide. This enables the flexibility of wider operating temperature ranges, which can optimize energy used for cooling without compromising performance. In 2023, Equinix announced plans to expand support for highly efficient advanced liquid cooling technologies—like direct-to-chip—to over 100 data centers across 45 metros around the world.
Additional Resources
[Blog] Powering a Sustainable Future: Energy Innovation for the Digital Era
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 ULC-Energy
ULC-Energy is a nuclear energy development company, established in 2021 and based in Amsterdam. ULC-Energy's mission is to accelerate decarbonization in the Netherlands by developing nuclear energy projects that efficiently integrate with residential and industrial energy networks. In August 2022, ULC-Energy selected the Rolls-Royce SMR as its nuclear technology solution.
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 those 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.