Exhibit 12.1

Equinix, Inc.

Computation of Consolidated Ratio of Earnings to Fixed Charges

(in thousands, except ratio data)

	Year ended December 31,										Nine months ended September 30,
	2012		2013		2014		2015		2016		2017
Earnings:
Income from continuing operations before income taxes	$	188,622	$	112,279	$	84,733	$	210,998	$	159,859	$	192,679
Fixed charges:
Interest expense		200,328		248,792		270,553		299,055		392,156		352,554
Amortization of capitalized interest		3,851		4,858		5,536		6,277		6,840		5,995
Interest factor on operating leases		34,001		33,811		31,617		30,464		42,181		34,570
Subtotal		238,180		287,461		307,706		335,796		441,177		393,119
Total Earnings	$	426,802	$	399,740	$	392,439	$	546,794	$	601,036	$	585,798
Fixed Charges:
Interest expense	$	200,328	$	248,792	$	270,553	$	299,055	$	392,156	$	352,554
Capitalized interest		30,643		10,608		19,004		10,943		13,338		20,573
Interest factor on operating leases		34,001		33,811		31,617		30,464		42,181		34,570
Total Fixed Charges	$	264,972	$	293,211	$	321,174	$	340,462	$	447,675	$	407,697
Ratio of Earnings to Fixed Charges		1.6x		1.4x		1.2x		1.6x		1.3x		1.4x