Aligned Energy, a data center provider, has received a strategic investment from Macquarie Infrastructure Partners (MIP), which will support the company’s growth with significant additional capital.
Aligned Energy will be jointly controlled by existing owners BlueMountain Capital Management funds and MIP following the transaction.
Financial terms of the transaction were not disclosed.
“The investment provides Aligned with enhanced financial resources to meet substantial levels of current market demand,” said Andrew Schaap, Aligned Energy CEO. “The investment comes on the back of our recently announced 50-megawatt facility to be commissioned in Salt Lake City, as well as significant client activity in Phoenix, where we recently commenced construction of Phase II of our facility there. With MIP’s support, we are well positioned to meaningfully expand in our existing markets and are also evaluating entry into new markets. Aligned’s value proposition uniquely positions us to benefit from the massive growth we will continue to see in this industry, driven by cloud, the Internet of Things and Big Data. The Aligned team has operated more than 750 megawatts and developed over $3.5 billion of data centers around the globe for some of the most discerning clients. With this team of seasoned professionals, we are excited about our future partnership with MIP.”
Aligned Energy is an infrastructure technology company that offers colocation and build-to-scale solutions to cloud, enterprise and managed service providers. The company has operational facilities in Dallas and Phoenix, with a third facility in Salt Lake City to be commissioned in the third quarter 2018. The company’s facilities can deliver up to 230 megawatts of critical capacity.
