Aligned Data Centers Secures $2.58 Billion Credit Facility for US Data Center Expansion
Aligned Data Centers has closed a $2.58 billion credit facility to finance its US data center expansion, backed by institutional capital. The facility, secured by six assets in its portfolio, has a three-year initial term with two one-year extension options. Aligned plans to increase borrowing capacity in the future to support growth.
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Aligned Data Centers has secured a $2.58 billion credit facility to fund the expansion of its US data center portfolio. This revolving credit facility is supported by insurance and institutional capital and is secured by an initial collateral pool of six assets.
The facility has an initial term of three years with two one-year extension options. Aligned intends to increase the borrowing capacity to support its growth plans. Additionally, Aligned has operations in LATAM after acquiring OData and has invested in Canadian firm QScale. Last year, it was sold to a consortium including AI Infrastructure Partnership, MGX, and Global Infrastructure Partners for $40 billion.
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