CenterSquare has announced its equity investment in Aligned Data Centers will be purchased as part of the acquisition by a consortium led by Artificial Intelligence Infrastructure Partnership; MGX Fund Management; and Global Infrastructure Management, a part of BlackRock. The consortium is acquiring 100 percent of the equity in Aligned, valuing the data center company at $40 billion.
“This acquisition — as the largest data center transaction to date — marks a great success for CenterSquare and our investors,” said Chad Burkhardt, CenterSquare managing director and head of strategic capital. “We are thrilled not only to deliver these results to our investors, but also to do so in less than half the timeframe of our original underwriting.”
CenterSquare first invested in Aligned, one of the largest and fastest-growing private da
