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BlackRock's GIP Plans $40 Billion Acquisition of Aligned Data Centers
Summary: According to reports, Global Infrastructure Partners, a subsidiary of BlackRock, is in advanced talks to acquire Aligned Data Centers for around $40 billion. Aligned received $12 billion in equity and debt financing earlier this year, with plans to expand to 5 GW of data center capacity. Currently operating at around 600 MW, with another 700 ...
According to reports, Global Infrastructure Partners, a subsidiary of BlackRock, is in advanced talks to acquire Aligned Data Centers for around $40 billion. Aligned received $12 billion in equity and debt financing earlier this year, with plans to expand to 5 GW of data center capacity. Currently operating at around 600 MW, with another 700 MW under construction, Aligned manages or is developing a total of 78 data centers. Based on an industry price of around $210 per kilowatt per month, Aligned's annual revenue could reach nearly $1.6 billion, including the under-construction capacity, totaling up to $3.4 billion. CoreWeave disclosed a 2024 revenue of $1.91 billion, with 470 MW already in operation.
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Link: BlackRock's GIP Plans $40 Billion Acquisition of Aligned Data Centers [Copy]