Exhibit 12.1

EQUINIX, INC.

Computation of Ratio of Earnings to Fixed Charges

(in thousands, except ratio data)

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