Major Acquisition: BlackRock's GIP Eyeing Aligned Data Centers

Global Infrastructure Partners, a BlackRock-owned entity, is nearing a $40 billion acquisition of Macquarie-backed Aligned Data Centers. The deal is part of an extensive move to strengthen AI data infrastructure. Abu Dhabi-based MGX will also invest in the transaction. The AI demand surge underlines this investment increase.

Devdiscourse News Desk | Updated: 03-10-2025 15:55 IST | Created: 03-10-2025 15:55 IST

Major Acquisition: BlackRock's GIP Eyeing Aligned Data Centers — This image is AI-generated and does not depict any real-life event or location. It is a fictional representation created for illustrative purposes only.

Global Infrastructure Partners (GIP), a BlackRock-owned firm, is reportedly in the final stages of acquiring Aligned Data Centers, backed by Macquarie, in a monumental $40 billion deal. This acquisition corresponds with the growing demand for enhanced AI technology infrastructure.

The deal, yet to be finalized, could be announced soon. Involved in this dialogue is Abu Dhabi-based AI investment entity MGX, formed by sovereign wealth fund Mubadala along with G42. MGX plans to make an independent investment as part of this transaction.

Statements from GIP and BlackRock were unavailable, while Aligned, Macquarie, and Mubadala did not respond to requests for comment. The surge in AI use has spurred substantial investments in AI data centers, with McKinsey projecting these to scale to $6.7 trillion by 2030. Earlier in the year, Texas-based Aligned had secured over $12 billion for AI-based infrastructure development.