June 30, 2009
Equinix Wins Energy Innovator Award at the Silicon Valley Leadership Group Energy Summit
Foster City, CA - June 30, 2009 - Equinix, Inc. (Nasdaq: EQIX), a provider of global data center services, was awarded a Silicon Valley Power Energy Innovator Award in the “Energy Efficiency Partner” category at the Silicon Valley Leadership Group Energy Summit hosted at Stanford University on June 29th. The award recognizes the nearly $1 million in rebates that Equinix received from the City of Santa Clara for energy efficiency measures implemented through an expansion at the company's Silicon Valley 2 (SV2) International Business Exchange™ (IBX®) data center.
The Silicon Valley Power Energy Innovator Awards honor both large and small organizations for their support of energy efficiency and renewable energy. The awards are presented in the following categories:
- Environmental Innovator: rewarding an organization for all-around efforts to support energy efficiency and renewable energy;
- Energy Efficiency Partner: rewarding an organization for outstanding implementation of energy efficiency programs and application of rebate programs;
- Green Power Champion (renewable energy): rewarding an organization for innovative and successful green power purchases and implementation of other renewable energy programs.
As a part of Equinix's expansion at its SV2 center, the company implemented a variety of efficient procedures, such as installing air-side economizers that use the outside air to provide “free cooling” and drastically reduce the amount of mechanically produced cold air needed for the center. This system has resulted in energy savings of more than 4,000,000 kWh and $300,000 per year. Equinix also installed variable frequency drive (VFD) fans that allow for greater efficiency by operating at reduced fan speeds when there is a lower demand for air distribution. This upgrade has resulted in annual savings for more than $51,000 in power consumption. Finally, the project included the installation of LED light fixtures and occupancy sensors that will provide annual energy savings of 100,000 kWh.
Keynoted by former U.S. Secretary of State Condoleezza Rice, the 2009 Energy Summit brings together industry and policy experts for an interactive day of presentations and engaging discussions on energy leadership. Topics include:
- Energy Efficiency Strategies & Options for Silicon Valley companies
- Tracking, Optimizing & Reporting Your Company's Carbon Footprint: What companies need to prepare for & the tools available
- The Smart Grid Rollout & New, Energy Technologies on the Horizon
- Modifying Behavior to Improve Energy Efficiency & Curb Carbon Emissions
- Updates on federal stimulus spending, national & state energy policies and how these policies could impact your bottom line
- Creating Energy Systems at Scale
Equinix is committed to operating the most efficient data centers in the industry. The company's efforts have been recognized at the Data Centres Europe conference, where Equinix won the “Data Centers Europe Green Award,” and by the Bay Area Green Business Program which “green” certified all four of Equinix's Silicon Valley IBX centers. In addition, Equinix has adopted a variety of programs that maximize efficiency of operations, reduce environmental impact and support industry green efforts.
Equinix, Inc. (Nasdaq: EQIX) provides global data center services that ensure the vitality of the information-driven world. Global enterprises, content and financial companies, and network service providers rely upon Equinix's insight and expertise to protect and connect their most valued information assets. Equinix operates 42 International Business Exchange™ (IBX®) data centers across 18 markets in North America, Europe and Asia-Pacific.
Important information about Equinix is routinely posted on the investor relations page of its website located at www.equinix.com/investors. We encourage you to check Equinix's website regularly for the most up-to-date information.
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 centers and developing, deploying and delivering Equinix services; unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenue 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; and other risks described from time to time in Equinix's filings with the Securities and Exchange Commission. In particular, see Equinix's recent 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 and IBX are registered trademarks of Equinix, Inc. International Business Exchange is a trademark of Equinix, Inc.