Equinix (EQIX) and PGIM Real Estate Enter Into $600M JV [Yahoo! Finance]
Prudential Financial, Inc. (PRU)
Last prudential financial, inc. earnings: 2/4 04:18 pm
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Source: Yahoo! Finance
financing arm of PGIM, Prudential Financial's global asset management business, for the development and operation of the first xScale data center in the United States. It marks the second joint venture between Equinix and PGIM Real Estate. The move reflects the solid demand for such facilities from tenants and investors' growing interest in such assets. This new joint venture will bring Equinix's global xScale data center portfolio to more than $8 billion across more than 35 facilities and 725 megawatts (MW) of power capacity globally once fully constructed. Per the agreement terms, PGIM Real Estate will control an 80% equity stake in the joint venture, while Equinix will own the remaining 20% equity interest. Located in the Silicon Valley region of California, this two-story facility will be known as SV12x. It will be built in two phases, and at full build-out, the facility is projected to provide more than 28 MW of power capacity. The first phase is slated to be completed in the
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News
- Levi & Korsinsky, LLP Notifies Shareholders of Prudential Financial, Inc. (PRU) an Upcoming Claims Deadline in a Class Action SettlementAccesswire
- Countdown to Prudential (PRU) Q1 Earnings: A Look at Estimates Beyond Revenue and EPS [Yahoo! Finance]Yahoo! Finance
- Prudential Financial empowers young changemakers with $15,000 each at Emerging Visionaries Summit [Yahoo! Finance]Yahoo! Finance
- Prudential Financial, Inc. (NYSE: PRU) had its price target raised by analysts at Evercore ISI from $115.00 to $116.00. They now have an "underperform" rating on the stock.MarketBeat
- Prudential Financial empowers young changemakers with $15,000 each at Emerging Visionaries SummitPR Newswire
PRU
Earnings
- 2/6/24 - Miss
PRU
Sec Filings
- 4/16/24 - Form 8-K
- 3/28/24 - Form ARS
- 3/28/24 - Form DEF
- PRU's page on the SEC website