GIP's Ambitious Bid for Aligned: A $40 Billion Data Center Move
BlackRock-backed Global Infrastructure Partners considers a significant acquisition of Macquarie-backed Aligned Data Centers, potentially valuing it at $40 billion. This highlights the increasing demand for AI-supporting data centers. The deal involves MGX, an AI-focused firm, and marks significant moves in the digital infrastructure investment sphere.
Global Infrastructure Partners, owned by BlackRock, is reportedly in advanced discussions to acquire Aligned Data Centers, a company backed by Macquarie, for an approximate value of $40 billion. Sources familiar with the matter disclosed the progress of the talks to Reuters on Friday.
The potential acquisition reflects the rising investor interest in data centers, which are instrumental in training artificial intelligence models and sustaining their adoption globally. The discussions also involve the Abu Dhabi-based AI investment firm MGX, suggesting strategic involvement from key market players.
MGX, created by sovereign wealth fund Mubadala and G42, may participate in the investment deal targeting Aligned, known for its AI-centric infrastructure. The acquisition would be among the largest for a private data center, amidst a global rush for computing capacity. GIP's ventures into critical infrastructure underscore the sector's growing economic weight.
(With inputs from agencies.)
ALSO READ
Space: The Final Frontier for Gigawatt Data Centers
Mega Deal: GIP Eyes Aligned Data Centers in $40 Billion Acquisition
Major Acquisition: BlackRock's GIP Eyeing Aligned Data Centers
Mega Merger: Global Giants Eye Aligned Data Centers in $40 Billion Deal
Massive Deal: Global Infrastructure Partners Eyes Aligned Data Centers Acquisition
Google News