MGX, AIP and BlackRock GIP have completed the Aligned Data Centers acquisition. The three investors announced the deal earlier and have now closed the transaction, securing full ownership of the Dallas‑based developer. The deal reflects the consortium’s focus on next‑generation AI infrastructure and its aim to mobilise capital for advanced compute ecosystems.
The deal values the Dallas‑based developer at about $40 billion and adds $5 billion of growth capital. That valuation places the transaction among the largest private investments in digital infrastructure, underscoring the sector’s rapid expansion. The $5 billion growth capital will be deployed to accelerate Aligned’s expansion plans across its existing sites.
Deal details and valuation
The three investors bought 100 percent of Aligned’s equity from private infrastructure funds managed by Macquarie Asset Management and its co‑invest partners. The transaction puts Aligned’s enterprise value at roughly US$40 billion, making it one of the largest private investments in digital infrastructure to date. Aligned operates 51 campuses and has more than 6.4 GW of operational and planned capacity, positioning it among the fastest‑growing data‑centre developers worldwide and highlighting the scale of its platform. The purchase from Macquarie Asset Management underscores the shift of private infrastructure funds toward strategic technology assets.
Assets are concentrated in Tier I digital gateway regions such as Northern Virginia, Chicago, Dallas, Ohio, Phoenix and Salt Lake City, as well as in São Paulo, Querétaro and Santiago. The company is known for patented cooling technologies that cut water use and improve energy efficiency, benefits that resonate with customers and local communities alike and reinforce its reputation for sustainable operations.
Future plans and community impact
Andrew Schaap, Aligned’s chief executive officer, will remain at the helm together with the existing management team, and the firm will keep its headquarters in Dallas, Texas. The consortium brings strategic insight into next‑generation AI, deep experience in large‑scale infrastructure, and long‑term capital to support Aligned’s growth while preserving operational independence. The partnership model is designed to keep Aligned’s operational independence while providing the financial depth needed for large‑scale projects.
With the new backing, Aligned aims to create local jobs, invest in workforce development, revitalize legacy sites, diversify tax bases and strengthen grid resilience. An additional US$5 billion of growth capital has been pledged to expand the company’s footprint and to develop sustainable, high‑density digital infrastructure that underpins U.S. technological leadership.
Frequently asked questions
Who bought Aligned Data Centers for $40 billion?
MGX, AIP and BlackRock’s Global Infrastructure Partners (GIP) completed the $40 billion acquisition of Aligned Data Centers, taking full ownership of the Dallas‑based developer.
How much growth capital was added to Aligned after the acquisition?
The consortium added $5 billion in growth capital to Aligned’s portfolio to accelerate expansion of its data‑centre sites worldwide.
What is the enterprise value of Aligned Data Centers after the deal?
The transaction values Aligned’s enterprise value at roughly US$40 billion, making it one of the largest private investments in digital infrastructure.
Where are Aligned Data Centers’ key locations?
Aligned’s assets are concentrated in Tier I digital gateway regions such as Northern Virginia, Chicago, Dallas, Ohio, Phoenix, Salt Lake City, and internationally in São Paulo, Querétaro and Santiago.
Will Aligned’s CEO stay after the acquisition?
Yes, Aligned’s chief executive officer, Andrew Schaap, will remain in his role together with the existing management team, and the company will keep its headquarters in Dallas, Texas.
