In a landmark $40 billion deal, a consortium led by AIP, MGX, and GIP will acquire Aligned Data Centers
MGX, the Artificial Intelligence Infrastructure Partnership (AIP), and BlackRock’s Global Infrastructure Partners (GIP) have joined forces to acquire 100% equity in Aligned Data Centers from private infrastructure funds managed by Macquarie Asset Management and its co-invest partners. The transaction, which values Aligned at approximately $40 billion, will accelerate the development of next-generation cloud and AI infrastructure across key digital hubs.
Founded by BlackRock, GIP, MGX, Microsoft, and NVIDIA, AIP aims to expand AI infrastructure capacity and foster AI-driven economic growth. Its anchor investors include the Kuwait Investment Authority and Temasek.
Over the past decade, Aligned Data Centers has rapidly become one of the world’s largest and fastest-growing data center providers. The company designs, builds, and operates cutting-edge data campuses and facilities tailored for hyperscalers, neocloud providers, and enterprise innovators. Aligned’s portfolio spans 50 campuses with more than 5 gigawatts of operational and planned capacity across key Tier 1 digital gateway regions in the U.S. and Latin America, including Northern Virginia, Chicago, Dallas, Sao Paulo, and Santiago.
Under CEO Andrew Schaap, Aligned has demonstrated strong execution and innovation capabilities, offering patented cooling solutions and flexible infrastructure designed to meet the evolving demands of high-density AI workloads, even in energy-constrained areas. The company’s robust supply chain, strategic land acquisitions, and financial flexibility further position it for sustained growth.
The consortium’s combined expertise across AI, digital infrastructure, and large-scale investment will provide Aligned with the capital and strategic support necessary to accelerate expansion, drive innovation, and meet growing demand for sustainable AI data center solutions.
This acquisition marks AIP’s inaugural investment and a key milestone toward its goal of mobilizing $30 billion in equity capital, with ambitions to reach $100 billion including debt financing. The deal is expected to close in the first half of 2026, subject to regulatory approvals.
