UAE’s MGX, BlackRock’s GIP, and AI Partnership Complete $40 Billion Acquisition of Aligned Data Centers
The UAE-based technology investment company MGX, the AI Infrastructure Partnership, and BlackRock’s Global Infrastructure Partners (GIP) have officially completed the 100% acquisition of Aligned Data Centers. The consortium acquired the company from private infrastructure funds managed by Macquarie Asset Management and its co-investors.
The transaction reflects an enterprise value of approximately $40 billion, marking it as one of the largest private investments in digital infrastructure worldwide. Concurrently with the deal's closure, the acquiring consortium committed an additional $5 billion in dedicated growth capital to accelerate Aligned Data Centers' expansion and its capacity to support advanced Artificial Intelligence (AI) applications.
Deal Overview and Capital Commitment
Transaction DetailsInformation
Acquiring ConsortiumMGX, AI Infrastructure Partnership, and GIP (BlackRock)
SellerMacquarie Asset Management & Co-investors
Target CompanyAligned Data Centers
Enterprise Value~$40 Billion
Additional Growth Capital$5 Billion
Aligned Data Centers: Market Position and Scale
Aligned Data Centers ranks among the largest and fastest-growing data center developers globally. The company is renowned for its patented, innovative cooling technologies that significantly reduce water consumption and enhance energy efficiency.
Following the acquisition, CEO Andrew Schaap and the current executive management team will continue to lead the company from its headquarters in Dallas, Texas. The company's massive digital footprint is concentrated in Tier-1 digital connectivity hubs crucial for the United States' technological leadership and industrial resurgence.
Target Company Profile:
Metric / DetailScale & Scope
Operational & Planned CapacityOver 6.4 Gigawatts (GW)
Global Portfolio51 Data Center Campuses
Key US LocationsNorthern Virginia, Chicago, Dallas, Ohio, Phoenix, Salt Lake City
Key International LocationsSão Paulo, Querétaro, Santiago
Strategic AI Infrastructure Investment
The newly formed AI Infrastructure Partnership was established to mobilize long-term capital at scale and unite global tech leaders to build next-generation AI infrastructure. This acquisition represents the partnership's inaugural investment.
The deal acts as a major stepping stone toward the partnership's initial goal of mobilizing and investing $30 billion in equity capital, with the ultimate potential to support up to $100 billion in total investments when including debt financing. The consortium aims to provide sustainable, high-density computing infrastructure while creating local jobs, modernizing power grids, and revitalizing industrial sites.