REDWOOD CITY, Calif., Nov. 25, 2024 /PRNewswire/ — Equinix, Inc. (Nasdaq: EQIX), the world’s digital infrastructure company®, today announced that it has issued an additional €1.15 billion in green bonds. This builds on more than $750 million offerings in green bonds that Equinix completed in September this year. With these latest issuances, Equinix will have issued a total of approximately $6.9 billion of green bonds, making it a top 5 issuer of green bonds in the U.S. Equinix will utilize the green bonds to further its sustainability initiatives and enhance the operational efficiency of its global business.

“We view green finance as an integral part of our sustainability strategy at Equinix,” said Katrina Rymill, SVP Corporate Finance & Sustainability, Equinix. “Our green bonds demonstrate Equinix’s continued commitment to design, build and deliver the most reliable, secure and sustainable data center and digital infrastructure possible in order to benefit our customers, our investors, and the communities in which we operate.”

Equinix issued €650 million principal amount of 3.25% senior green notes due 2031 and €500 million principal amount of 3.625% senior green notes due 2034. Equinix used rate locks to hedge a significant portion of the interest rate risk associated with the issuance of the Euro green bonds. Accounting for such hedges, the 6-year and the 10-year Euro green bonds are expected to carry an effective coupon to Equinix of 3.27% and 3.65%, respectively. The offering closed on November 22, 2024.

Equinix intends to allocate an amount equal to the net proceeds from the green bonds to finance or refinance, in whole or in part, recently completed or future Eligible Green Projects. Equinix’s allocation strategy includes covering project expenditures up to two years before the issuance of the green bonds and three years following the green bond issuance. These projects, which form the backbone of the company’s sustainability mission, span a wide range of impactful categories—from green building development and renewable energy innovations to advanced energy efficiency, resource conservation and cutting-edge decarbonization solutions.

Highlights/Key Facts

Equinix’s Eligible Green Projects follow its 2024 Green Finance Framework based on the Green Bond Principles of June 2021 and Green Loan Principles of February 2023, a set of guidelines that promote transparency and integrity in, and advance the standardization of, green debt disclosures. The Framework aims to increase Equinix’s focus on protecting the environment and addressing global climate change through greenhouse gas emissions reductions, increasing resource efficiency and driving corporate transparency and accountability.Globally, Equinix has continued to invest in new and innovative technologies in energy efficiency, renewable energy and heat export projects as part of its global Future First sustainability strategy, focusing on areas that have the greatest impact on customers and key stakeholders.In 2023, it maintained 96% renewable energy coverage across its portfolio. It also remains focused on improving the energy efficiency of its facilities as measured by power usage effectiveness (PUE), which improved 8%+ compared to the prior year.In addition, Equinix was recognized for its climate performance and transparency in 2023 by achieving the highest ranking of the CDP’s prestigious Climate Change A List for the second consecutive year. Of 23,000+ companies that disclosed environmental data to CDP in 2023, less than 2% received the top score.

Additional Resources

Equinix Issues More Than $750 Million in Green Bonds to Drive Sustainability Initiatives [press release]What Are Green Bonds? How Are They Used in the Data Center Industry? [blog]2023 Equinix Sustainability Report and Global Reporting Initiative (GRI) Metrics [report]

About Equinix
Equinix (Nasdaq: EQIX) is the world’s digital infrastructure company®. Digital leaders harness Equinix’s trusted platform to bring together and interconnect foundational infrastructure at software speed. Equinix enables organizations to access all the right places, partners and possibilities to scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value, while supporting their sustainability goals.

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. These forward-looking statements include, but are not limited to, statements about Equinix’s intent to allocate an amount equal to the net proceeds from the green bonds to finance, or refinance, a portfolio of Eligible Green Projects; the effective coupon rates on the green bonds as a result of hedging; the intended impact of Equinix’s Green Finance Framework; Equinix’s long-term sustainability goals; and similar statements that are not historical facts. Please see recent and upcoming Equinix quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix, for factors that might cause such differences. Equinix does not assume any obligation to update the forward-looking information contained in this press release.

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SOURCE Equinix, Inc.

PARIS, Nov. 25, 2024 /PRNewswire/ — Reju™, the progressive textile-to-textile regeneration company, and Nouvelles Fibres Textiles (NFT), a French company specialising in the recovery of end-of-life textiles, today announced a collaboration on the sourcing and recycling of textile waste to support the building of a circular ecosystem in France. NFT will supply secondary raw materials derived from used or unused waste textiles to Reju for recycling and production of regenerated Reju Polyester™.

Reju and NFT will collaborate to expand the collection and processing infrastructure for apparel and textile wastes from post-consumer and post-industrial sources. The collaboration will also allow for an open supply chain and guarantee 100% traceability of recycled materials.

Reju is developing the infrastructure to take textile waste and regenerate it at scale, starting with polyester. The end product – Reju Polyester™ – is expected to have a 50% lower carbon footprint than virgin polyester and can be regenerated infinitely. Reju’s first demonstration plant – Regeneration Hub Zero – is now operational in Frankfurt, Germany, and will come on line to enable the production of Reju PET in 2025.

Materials supplied by NFT will be processed at Reju’s new Regeneration Hub Zero in Frankfurt, Germany and the future Reju Regeneration Hubs in Europe.

NFT and its partners opened a unique semi-industrial site and research center for textile recycling in November 2023. The pilot line is the first to combine Pellenc ST’s automated sorting technologies with Andritz’ tearing lines to process high volumes of post-industrial and post-consumer textile waste, eliminate hard points, and turn them into industrial grade fiber and raw material feedstock for new recycling technologies like Reju. NFT also provides secondary raw materials to various industries including non-wovens, insulation, composites, plastics, and other textiles.

Patrik Frisk, CEO of Reju: “Reju and Nouvelles Fibres Textiles are using innovation and collaboration to accelerate the transition to a circular textile ecosystem. This valuable partnership demonstrates our collective commitment to addressing the problem of textile waste and developing new ways to use the resources we have within local supply chains. With the collection of textile waste mandatory in the European Union starting in 2025*, it is imperative we have scalable systems and partnerships to process what is collected and keep it from landfills or incineration. Together, Reju and NFT are building the technology and infrastructure to regenerate and reuse materials across industries and change the way we use our resources.”

Eric Boël and Etienne Wiroth, Co-directors of Nouvelles Fibres Textiles: “After 6 years of research and collaborative work, Nouvelles Fibres Textiles is now ready to collaborate with professionals who need to recycle their textiles. We have an innovative turnkey solution that transforms heterogeneous end-of-life textile streams into high-quality homogeneous raw materials while ensuring their traceability. Our partnership with Reju paves the way for the permindustry: a circular, more local, less carbon-intensive, and more collaborative industry—essentially, an industry that does good!”

*Read more about the European Union’s Waste Framework Directive (WFD) here.

About Reju
Reju is a materials regeneration company focused on creating innovative solutions for recycling polyester textiles and PET waste. Owned by Technip Energies and utilizing technology originating with IBM research, Reju aims to establish a global textile recycling circular ecosystem to address PET plastic found in textiles. Learn more at https://www.reju.com/.

About NFT
Tissages de Charlieu Groupe and Synergies TLC have partnered to create Nouvelles Fibres Textiles: the first industrial infrastructure deploying ANDRITZ’s automated sorting and textile recycling solutions, incorporating sorting technologies from Pellenc ST. It is capable of automatically sorting clothing by composition and color and can also remove hard points and pre-fray garments. At the end of the line, Nouvelles Fibres Textiles produces a secondary raw material designed for industries that use textile fiber (e.g., shredding/spinning, non-wovens, composite materials, etc.). Together with our partners, ANDRITZ and Pellenc ST, and all our clients, we conduct real-world productions and applied industrial research to address the challenges of valorization and supply chain sustainability. Nouvelles Fibres Textiles is already laying the foundations for a second material preparation plant scheduled for 2026, which will have an annual capacity of 20 to 30 thousand tons of post-consumer textiles and will create around thirty direct jobs.

The creation of Nouvelles Fibres Textiles represents a major advance in reducing the carbon footprint of the textile sector. Automated sorting was the last missing piece of a French circular economy loop, paving the way for a complete ecosystem that brings together brands, social and solidarity economy actors, collectors-sorters, and industrial players from various sectors, all united to serve consumers seeking more traceability and meaning in their donations and purchases.

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SOURCE Reju

RevSpring recognized for its commitment to innovating healthcare engagement and payment solutions that improve the patient experience

NASHVILLE, Tenn., Nov. 25, 2024 /PRNewswire-PRWeb/ — RevSpring, the leading provider of healthcare engagement and payment solutions, has been named to The Software Report’s fifth annual ranking of the Top 100 Software Companies. The Software Report is a comprehensive source for market research and insights, business news, investment activity, and corporate actions related to the software sector.

The Top 100 companies were selected based on a thorough evaluation process, which included in-depth company research and consideration of numerous criteria such as customer satisfaction, corporate reputation and innovative capabilities.

“It’s a tremendous honor to be ranked among the Top 100 Software Companies,” said RevSpring CEO Scott MacKenzie. “This award underscores our mission to drive the best outcomes for our customers through innovative patient engagement and payment solutions.”

RevSpring earned the recognition largely because of its commitment to innovating healthcare engagement and payment solutions that improve the patient experience and drive better financial results for healthcare providers. Notably, RevSpring launched Engage IQ™ last year, the industry’s only connected patient engagement suite, which coordinates patient interactions from pre- to post-care and payment, allowing providers to fully optimize patient satisfaction, staff efficiency and financial outcomes.

Beyond this ranking, RevSpring’s dedication to innovation has gained praise from research firm KLAS, which rated RevSpring’s Talksoft® Patient Engagement Messaging Suite No. 1 in Patient Communications this year and recognized RevSpring for “Largest Growth in Capabilities” in 2023.

About RevSpring
RevSpring leads the market in healthcare engagement and payment solutions that inspire patients to participate in and pay for their healthcare. We’ve built Engage IQ™, the industry’s only connected patient engagement suite designed to coordinate patient interactions from pre-care to post-care to payment. RevSpring’s intelligent, holistic platform puts patient understanding at the center of one connected personal experience, allowing providers to fully optimize patient satisfaction, data accuracy, staff efficiency and financial outcomes. The company’s OmniChannel communications and payment solutions are backed by intelligence, analytics, contextual messaging and user experience best practices. RevSpring was rated #1 for Most New Capabilities in Patient Engagement by KLAS in 2023 and Best in KLAS in Patient Communications in 2024. To learn more, visit revspringinc.com/healthcare. Follow RevSpring on LinkedIn and X (formerly Twitter).

Media Contact

Kristen Jacobsen, RevSpring, 7639235280, kjacobsen@revspringinc.com, www.revspringinc.com

Kellie Kennedy, The Harbinger Group, 3129334903, kelliek@theharbingergroup.com, www.theharbingergroup.com

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SOURCE RevSpring