BlackRock-Backed Group Commits $5 Billion for Aligned Data Centers After Completing Acquisition
The consortium added $5 billion in growth capital as it seeks to expand Aligned’s AI-ready capacity, the company said.
- On Tuesday, a consortium backed by BlackRock and Abu Dhabi-based MGX closed its $40 billion acquisition of Aligned Data Centers, the largest data-center acquisition on record.
- Following the purchase, the consortium committed an additional $5 billion in growth capital to expand Aligned's AI-ready capacity, with Chief Andrew Schaap continuing to lead the Texas-based company.
- AIP—Formed by BlackRock, GIP, MGX, Microsoft, and Nvidia—completed this first deal, as Aligned operates 51 campuses with more than 6.4 gigawatts of capacity globally.
- This acquisition caps a frenzy in digital infrastructure, where firms from KKR to Brookfield have invested heavily, following Australian asset manager Macquarie Asset Management's ownership of Aligned since 2018.
- The group aims to deploy $30 billion in equity with potential reaching $100 billion including debt, while MGX raised $49 billion this month for one of the largest AI funds ever.
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Aligned Data Centers sold for $40bn in record deal
On Tuesday, a group of the world’s most powerful investors finished buying a company most people have never heard of. The price tag explains why it matters. The largest data-centre deal ever The AI Infrastructure Partnership, MGX, and BlackRock’s Global Infrastructure Partners completed their purchase of all the equity in Aligned Data Centers. The deal […] This story continues at The Next Web
BlackRock-backed group commits $5 billion for Aligned Data Centers after completing acquisition
July 21 : A consortium backed by BlackRock and Abu Dhabi-based fund MGX said on Tuesday it has committed an additional $5 billion in growth capital to Aligned Data Centers after closing its $40 billion acquisition of one of the world's biggest data center operators.The investor group agreed last year to buy A
BlackRock-backed group commits $5 billion for Aligned Data Centers
BlackRock-MGX Consortium Eyes $5 Billion Aligned Data Centers Expansion
A consortium including BlackRock Inc.’s Global Infrastructure Partners and Abu Dhabi’s MGX plans to invest $5 billion to boost growth at Aligned Data Centers as it completes its purchase of the company, according to people familiar with the matter.
Latham Advises on Completed US$40 Billion Sale of Aligned Data Centers by Macquarie Asset Management
Macquarie Asset Management has announced the successful completion of the sale of Aligned Data Centers (Aligned)... The post Latham Advises on Completed US$40 Billion Sale of Aligned Data Centers by Macquarie Asset Management appeared first on Legal Desire Media and Insights.
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