The transaction values Aligned Data Centers at $40 billion and confirms the existing management team, led by CEO Andrew Schaap, will continue to steer the company. The consortium—comprising the Artificial Intelligence Infrastructure Partnership, MGX, and BlackRock’s Global Infrastructure Partners—has pledged an additional $5 billion of growth capital.

The deal consolidates a Dallas‑based developer into a prominent infrastructure portfolio, positioning Aligned to expand its AI‑ready capacity amid rising demand. The investment underscores the growing focus on high‑performance data centers that can support advanced AI workloads.

Macquarie Asset Management and its co‑investors, the sellers, will receive a full exit, while the new owners aim to accelerate expansion plans and scale operations across the United States.

With the infusion of capital, Aligned is poised to broaden its footprint, enhance its technology stack, and capture a larger share of the AI data center market, strengthening its competitive edge in a rapidly evolving sector.