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Aligned Data Centers
Liquid-cooled hyperscale build prime, Macquarie-backed; hiring grid + cooling talent for AI-density campuses
HQ US
Recent Business Signals
Funding & valuation history
Oct 15, 2025 · funding-research
A consortium of AI Infrastructure Partnership (AIP), MGX, and BlackRock's Global Infrastructure Partners (GIP) acquired 100% equity of Aligned Data Centers at an approximately $40 billion enterprise valuation.
Oct 15, 2025 · funding-research
A consortium comprising Artificial Intelligence Infrastructure Partnership (AIP), MGX, and BlackRock's Global Infrastructure Partners acquired 100% of Aligned Data Centers' equity from Macquarie's funds and co-investors at an enterprise valuation of approximately $40 billion.
Oct 15, 2025 · funding-research
The AI Infrastructure Partnership (AIP) consortium — comprising BlackRock's Global Infrastructure Partners, MGX, Microsoft, and NVIDIA — acquired 100% of Aligned Data Centers' equity at an approximately $40 billion enterprise valuation.
Oct 15, 2025 · funding-research
Aligned Data Centers was fully acquired by the AI Infrastructure Partnership (AIP)—a consortium of BlackRock's Global Infrastructure Partners (GIP), MGX, and Kuwait Investment Authority/Temasek-backed investors—on October 15, 2025, at an enterprise value of approximately $40 billion.
Jan 15, 2025 · funding-research
Aligned Data Centers completed a $12+ billion capital raise consisting of $5 billion in new primary equity and over $7 billion in new debt, led by Macquarie Asset Management alongside large global investors.
Jan 15, 2025 · funding-research
Aligned Data Centers closed a $12+ billion capital raise consisting of over $5 billion in new primary equity and $7 billion in debt, led by Macquarie Asset Management.
Jan 15, 2025 · funding-research
Aligned Data Centers completed a $12.0+ billion capital raise ($5.0 billion primary equity + $7.0 billion debt) led by Macquarie Asset Management to fund 5+GW of future capacity.
Jan 15, 2025 · funding-research
Aligned Data Centers completed a $12+ billion capital raise on January 15, 2025, comprising $5 billion in new primary equity and over $7 billion in new debt commitments, led by Macquarie Asset Management alongside co-investors BlueMountain Capital Management, Mubadala Investment Company, and CenterSquare Investment Management.
Strategic Position
What they do best
Delivering liquid-cooled (adiabatic + immersion) hyperscale capacity, evidenced by the 2026-04-08 Mechanical Engineer, Liquid Cooling Systems hire (de60a92a) and 2026-04-30 mission-critical commissioning hire (b4a36f01).
Their bet
Front-loading grid-interconnect and power-procurement talent (f6739eda 2026-03-27 Senior Manager Utility & Grid, cd4047c0 2026-03-03 MV power) is a bet that secured-power campuses, not land, become the binding constraint for AI training demand.
Top risk
Zero disclosed business signals in trailing 180d: if no hyperscale lease, financing, or campus-energization announcement surfaces by Q4 2026, pipeline visibility lags Digital Realty's tracked pre-leased disclosures and weakens the AI-demand thesis.
Compared to peers
Direct competitor
Compass Datacenters
Compass is build-to-suit single-tenant 50-200MW for one hyperscaler; Aligned competes on liquid-cooling efficiency narrative rather than Brookfield/OTPP-backed pure BTS.
Substitute
Digital Realty
Digital Realty offers multi-tenant PlatformDIGITAL colo as the lower-commitment substitute to Aligned's dedicated liquid-cooled hyperscale shells.
Why someone would join
- 1.Liquid-cooling engineering is actively staffing: dedicated Mechanical Engineer, Liquid Cooling Systems (de60a92a, 2026-04-08) plus mission-critical commissioning hire (b4a36f01, 2026-04-30) — immersion/CDU work is shipping, not roadmap.
- 2.Power is being de-risked ahead of build: Senior Manager Utility & Grid Interconnection (f6739eda, 2026-03-27) and Senior Electrical, MV Power Distribution (cd4047c0, 2026-03-03) mean you join while grid capacity is being locked, not contested.
Recent Hiring (60 days)
- commissioning1
- BMS integration1
- mission critical testing1