Equinix upholds a US$109 million expansion plan for São Paulo data centers to serve growing Latin American AI demand.
Equinix has confirmed a US$109 million plan to expand its São Paulo data centers by 1,300 cabinets as part of a broader Latin American build-out spanning Bogotá, Mexico City, Monterrey, Rio de Janeiro, and Santiago. The expansion will proceed in two phases—600 cabinets in the fourth quarter of 2026 and 700 in the second quarter of 2027—according to the company's second-quarter 2026 filings published July 29.
The expansion extends a São Paulo campus comprising six facilities: SP2, SP1, and SP3 (stabilized); SP4 (expansion); the newly opened SP6; and the xScale site SP5x, all company-owned. These figures align with what was previously reported in April when Equinix confirmed the same US$109 million, 1,300-cabinet plan tied to the SP6 opening.
Beyond its largest named markets—Chicago, Dallas, Miami, New York, Silicon Valley, and Washington, D.C.—the company's data lists additions across other Americas metros: a combined 2,475 sellable cabinets at a total capex of US$234 million. The company did not specify which individual metros would absorb that capacity or provide exact timing for each phase.
The update reflects Equinix's commitment of roughly US$420 million to Latin America between 2025 and 2026, led by Brazil (US$270 million), Mexico (US$81 million), Chile (US$42 million), and Colombia (US$28 million), with a further US$300 million earmarked for the region through mid-2027. This cycle included the Monterrey facility MO2, the second phase of Santiago's ST2 (adding more than 425 cabinets), and Bogotá's second data center, BG2.
Equinix has identified Latin America as the fastest-growing region in its global portfolio, citing multicloud adoption and rising AI workloads as primary drivers. The company is also underway with expanding its third Rio de Janeiro facility, RJ3, which received an initial investment of approximately US$45 million for more than 550 cabinets in its first phase. As of Q2 2026, Equinix's installed base in Latin America comprises 20 data centers across seven metros.
Globally, Equinix owns 179 of its 282 data centers, with 84% of recurring revenue derived from either owned assets or leases extending to 2041 or beyond. In the second quarter of 2026, the company posted worldwide revenue of US$2.625 billion, up 16% year-on-year on both reported and normalized constant-currency bases, with adjusted EBITDA of US$1.396 billion, up 24%. Total capital expenditures reached US$1.578 billion for the quarter, compared to US$989 million a year earlier, driven primarily by non-recurring IBX expansion spending of US$1.365 billion.
Equinix's global footprint stands at 282 data centers spanning 77 markets in 36 countries, encompassing 36.3 million gross square feet, more than 10,500 customers, and over 522,000 interconnections. On the strength of these results, the company raised its full-year 2026 revenue growth guidance to 11–12% from 10–11% and its adjusted funds from operations growth guidance to 12–13% from 10–12%.