Equinix Announces Renewable Energy Power Purchase Agreement with Flo Energy

Equinix announced its latest renewable energy Power Purchase Agreement (PPA) in Singapore, with Flo Energy Singapore (Flo) as the counterparty. This agreement, the fourth such agreement in the past two years, reinforces Equinix’s long-term commitment to supporting Singapore’s Green Plan 2030.

The new solar PPA with Flo, Singapore's largest independent electricity provider, is expected to deliver at least 11.5MWp of renewable energy capacity generated from industrial and commercial rooftop solar installations across the country. The agreement also includes an option for Equinix to expand the capacity to up to 50MWp over time, supporting the company's growing energy needs and long-term sustainability ambitions.

With this latest agreement, Equinix will expand its local renewable energy portfolio in Singapore to a cumulative 215MWp by 2028, reinforcing its position as one of the leading colocation off-takers in the nation. Collectively, these agreements are expected to generate about 250,000 MWh of electricity per year, which is equivalent to the annual charging energy for roughly 60,000 electric vehicles (EVs) in Singapore.

"Singapore’s position as a trusted global AI and Digital Hub will be underpinned by digital infrastructure that is resilient, sustainable and built for the future," said Yee May Leong, Managing Director, Singapore, Equinix. "Our fourth PPA is a significant milestone that reflects the power of collaboration across Singapore's public and private sectors. As demand for digital infrastructure continues to accelerate, Equinix remains committed to supporting Singapore's position as a global digital hub while advancing the nation's sustainability goals."

The agreement with Flo broadens Equinix's renewable energy sourcing strategy in Singapore by expanding participation from private-sector renewable energy providers. It complements Equinix's existing renewable energy agreements and participation in national initiatives, including SolarNova 7 and JTC Jurong Island, creating a more diversified and resilient pathway to renewable energy coverage in a land and resource-constrained market.

Flo’s Chief Executive Officer Matthijs Guichelaar said, "With Singapore’s limited space, we need to think differently about how we make renewable energy more accessible for businesses with renewable aspirations. By bringing together generation from commercial and industrial rooftop solar projects across Singapore, this agreement demonstrates how we can help businesses support renewable energy at scale through our Data Centre Solutions, even in a land-constrained market."

Equinix is the first customer secured under Flo's newly launched Data Centre Solutions, which is also available to data center operators in Australia through Flo's local business. Flo's Data Centre Solutions helps operators manage electricity costs and renewable energy procurement through a suite of tailored products, including fixed-price contracts, progressive purchasing, structured derivatives, Renewable Energy Certificate (REC) matching and PPAs. The offering was developed to meet the growing demand from data center operators for flexible renewable energy procurement solutions across the region.

Beyond renewable energy procurement, Equinix continues to invest in initiatives that strengthen Singapore's long-term energy resilience and innovation ecosystem. The company recently announced a multi-year funding program of more than S$9 million to support research into alternative clean energy sources, including geothermal energy and small modular reactors (SMRs). Equinix has also contributed S$450,000 to Singapore Management University's ResWORK program and announced plans with National University of Singapore (NUS) to establish a Co-Innovation Facility (CIF) in an upcoming Equinix International Business Exchange® (IBX®), SG6. The CIF will focus on accelerating the development of next-generation sustainability and energy technologies for data centers, including fuel cells, battery energy storage, liquid cooling and digital twin capabilities.

Including this PPA, Equinix has more than 1,490 MW of wind and solar PPAs under contract across 11 countries, including Australia, India, Japan and Singapore. Together, these initiatives support Equinix's broader commitment to scaling renewable energy coverage across its global platform and enabling a more sustainable digital future.