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BlackRock and MGX Consortium to Invest $5 Billion in Aligned Data Centers

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BlackRock and MGX Consortium to Invest $5 Billion in Aligned Data Centers
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The Gist

A high-profile consortium led by BlackRock and Abu Dhabi’s MGX is planning a massive $5 billion capital injection to scale Aligned Data Centers following its acquisition.

A consortium featuring BlackRock Inc.’s Global Infrastructure Partners and Abu Dhabi’s MGX investment firm is preparing to invest $5 billion into Aligned Data Centers. This strategic move is intended to accelerate the company's growth as the consortium finalizes its acquisition, according to sources familiar with the transaction.

Scaling Infrastructure for the Digital Era

The capital infusion highlights the intensifying demand for robust data center infrastructure, driven largely by the global expansion of artificial intelligence and cloud computing services. By securing this funding, Aligned Data Centers is positioned to significantly expand its footprint and operational capacity.

MGX, a specialized investment firm focused on artificial intelligence and advanced technology, joins BlackRock in this venture, signaling a strong commitment from global institutional investors to back the physical layers of the digital economy.

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