EDGNEX Data Centers by DAMAC, has announced ambitious plans to enter the United States data center market, marking a pivotal step in its global expansion strategy.
The company plans to develop state-of-the-art data centers with a target capacity of 2,000 MW over the next four years. This transformative project will begin with an initial investment of USD 20 billion, with the possibility of doubling the funding based on market demand, scalability, and growth opportunities.
Focused on catering to hyperscalers, artificial intelligence innovators, and Fortune 500 companies, EDGNEX's initiative underscores its commitment to delivering sustainable and high-quality digital infrastructure. The move aims to drive innovation and support customers across the U.S. and beyond.
Official Announcement of the EDGNEX’s Data Center Investment in the U.S.
The expansion will prioritize regions in the Sunbelt, including Texas, Arizona, Oklahoma, and Louisiana, as well as key Midwest states such as Ohio, Illinois, Michigan, and Indiana.
The first phase involves building a 500 MW capacity through joint ventures, strategic land acquisitions, and the integration of existing data centers. Initial projects will include one facility in the Sunbelt and another in the Midwest to meet surging demand.
Beyond data centers, the DAMAC Group is strengthening its U.S. presence through major investments in real estate and private equity. Among its notable ventures is a boutique condominium project in Miami, designed by Zaha Hadid Architects, with a gross development value of USD 1 billion.
This strategic expansion solidifies EDGNEX's position as a key player in the global digital infrastructure landscape while reflecting the DAMAC Group's broader vision for innovation and growth in diverse sectors.
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