Dubai-based EDGNEX Data Centers by DAMAC Sets Stage for U.S. Expansion
EDGNEX Data Centers by DAMAC, a globally recognized digital infrastructure company, has officially announced its strategic entry into the U.S. market. The company, which is wholly owned by the DAMAC Group, plans to establish state-of-the-art data centers across the United States, with a projected 2000MW capacity over the next four years. This marks a pivotal moment in the company’s international expansion.
The company has committed an initial investment of $20 billion into this venture, with potential plans to double this amount based on future demand, scalability, and market opportunities. This investment aligns with EDGNEX’s objective to build world-class infrastructure platforms, serving hyperscalers, AI players, and Fortune 500 companies, while providing sustainable, high-quality digital infrastructure.
Focusing on High-Growth U.S. States
EDGNEX’s expansion will focus on strategically important states in both the Sunbelt and Midwest regions of the U.S. These include Texas, Arizona, Oklahoma, and Louisiana, as well as Ohio, Illinois, Michigan, and Indiana. The first phase of the expansion involves establishing partnerships through joint ventures, acquiring land banks, and integrating existing data centers into the broader infrastructure strategy.
The initial phase will bring a 500MW capacity to the U.S., with one data center located in the Sunbelt and another in the Midwest. These centers will cater to the growing demand for digital infrastructure as EDGNEX ramps up its operations in the region.
A Milestone in EDGNEX’s Global Journey
Hussain Sajwani, the Founder of DAMAC, expressed his enthusiasm for the expansion, stating, “Entering the U.S. market marks a significant milestone in our journey. This move will allow us to build a global digital infrastructure platform that empowers businesses to thrive today and in the future. Our expertise in real estate and data centers will enable us to deliver top-tier infrastructure for the growing cloud and AI markets, while reinforcing the U.S.’s role in the global data ecosystem.”
DAMAC’s Broader Investment in U.S. Market
Beyond its data center venture, DAMAC is also deeply invested in U.S. real estate. One of its key projects is a boutique condo development in Miami, designed by renowned architects Zaha Hadid, with a development value of $1 billion. DAMAC continues to explore strategic real estate opportunities across the U.S.
Strengthening DAMAC’s Global Presence
The success of DAMAC in real estate has laid a strong foundation for its expansion into high-capital, high-yield sectors like data centers. As cloud and AI adoption continues to grow, DAMAC sees a significant 15-year growth opportunity in the digital infrastructure market.
Global Expansion and Future Growth
EDGNEX currently operates in 10 countries, including the UAE, Saudi Arabia, Turkey, Thailand, and others. With over 10MW operational in Saudi Arabia and 5MW in Thailand, EDGNEX plans to have more than 300MW operational globally by 2026. The company’s management team, comprising over 100 professionals across the Middle East, Europe, and Asia, is expanding to support this rapid growth.
EDGNEX’s expansion strategy leverages DAMAC’s equity, bank debt, and third-party capital to fuel its ambitious U.S. growth. The company is committed to providing secure, scalable, and sustainable digital infrastructure for global markets.
