BlackRock's AIP, MGX, and GIP complete acquisition of Aligned Data Centers.
The transaction reflects the enterprise value of Aligned Data Centers at approximately US$40 billion.
The closing marks one of the largest private transactions ever made in digital infrastructure, anchoring a global strategy to develop the advanced computing capacity needed to drive the future of technological innovation.
DALLAS, NEW YORK and ABU DHABI — July 21, 2026 — BlackRock’s Artificial Intelligence Infrastructure Partnership (“AIP”), MGX and Global Infrastructure Partners (“GIP”) (collectively, the “Consortium”) today successfully completed the previously announced acquisition of 100% of the equity of Aligned Data Centers (“Aligned” or the “Company”) from private infrastructure funds managed by Macquarie Asset Management and its co-investors. The transaction, which represents an enterprise value of approximately US$40 billion for Aligned, ranks among the largest private investments ever made in digital infrastructure.
Aligned is one of the world's largest and fastest-growing data center developers, with a portfolio spanning 51 campuses and over 6,4 GW of operational and planned capacity. Aligned's current deployments reflect the essential role digital infrastructure plays in American reindustrialization and technological leadership, with assets concentrated in key Tier I digital regions, including Northern Virginia, Chicago, Dallas, Ohio, Phoenix, and Salt Lake City, as well as São Paulo, Querétaro, and Santiago. The Company is globally recognized for its patented cooling technologies, which significantly reduce water usage and increase the energy efficiency of data center deployments for its customers and communities. Andrew Schaap, Chief Executive Officer of Aligned, and the current management team will continue to lead the Company, which will remain headquartered in Dallas, Texas.
The Consortium's partners offer Aligned capabilities spanning the entire advanced computing ecosystem and the digital and energy infrastructure that supports it, combining strategic vision on the technologies that will define the next era of AI; extensive experience in investing in, owning, and operating complex infrastructures at scale; and a collaborative partnership model, in addition to the long-term capital needed for Aligned to scale its platform while maintaining its focus on customers and communities, as well as its operational independence.
With the support of the Consortium, Aligned will continue:
- Generating significant value for the communities where the Company operates, through the creation of local jobs and investment in the development of the local workforce, the revitalization of industrial areas, the diversification of local tax bases, and the strengthening of the resilience of the electricity grid;
- Expanding the Company's presence to deliver cutting-edge infrastructure that supports the complex digital needs of a growing customer base; and
- Innovating in next-generation sustainable digital infrastructure that meets high-density digital demands and serves as the foundation for U.S. technological leadership.
AIP was created to mobilize long-term capital at scale and bring together global technology leaders in support of next-generation AI infrastructure. The transaction is AIP's first investment and represents an important step toward its initial goal of mobilizing and deploying $30 billion in equity, with the potential to support up to $100 billion in total investment, including debt. In connection with the closing, the consortium also committed an additional $5 billion in growth capital to fund Aligned's continued expansion and increase its AI-ready capacity.
About Aligned Data Centers
Aligned Data Centers offers sustainable, ultra-efficient, and adaptable infrastructure for the world's most demanding technological workloads. Powered by over 50 patents in award-winning cooling technology that saves water and energy, and a commitment to responsible development, our facilities support the digital applications society depends on every day. Aligned is committed to the communities it serves, transforming industrial areas into technology hubs, generating local jobs, and fostering widespread skilled workforce development. For more information, visit www.aligneddc.com.
About AIP
The AI Infrastructure Partnership (AIP) was created to accelerate investment in next-generation AI infrastructure and drive the innovation needed to fuel the future of AI. AIP seeks to mobilize $30 billion in equity capital from investors, asset owners, and corporations, with the potential to reach $100 billion, including debt financing.
About MGX
MGX is a technology investment firm focused on accelerating the development and adoption of AI and advanced technologies through world-leading global partnerships. MGX invests in sectors where AI can generate value and economic impact at scale, including infrastructure, semiconductors, software, technology-enabled services, life sciences, and automation. For more information, visit www.mgx.ae.
About Global Infrastructure Partners (GIP), part of BlackRock
Global Infrastructure Partners (GIP), part of BlackRock, is a leading infrastructure investor specializing in investing in, holding, and operating some of the largest and most complex assets in the energy, transportation, digital infrastructure, and water and waste management sectors. GIP's scaled platform has over $200 billion in assets under management. For more information, visit www.global-infra.com.
Forward-looking statements
This press release contains forward-looking statements, including statements regarding the expected benefits of the transaction, future plans, strategy and growth of Aligned Data Centers, the anticipated capital deployment by AIP, and expectations related to demand for AI infrastructure. These statements reflect current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. The parties undertake no obligation to update any forward-looking statements except as required by law.
