Kirkland Represents AI Infrastructure Partnership (AIP), MGX, and BlackRock’s Global Infrastructure Partners (GIP) in Acquisition of 100% of the Equity in Aligned Data Centers
Kirkland & Ellis is advising a consortium including Artificial Intelligence Infrastructure Partnership (AIP), MGX, and BlackRock’s Global Infrastructure Partners (GIP), which today announced they will acquire 100% of the equity in Aligned Data Centers from private infrastructure funds managed by Macquarie Asset Management and its co-invest partners. The transaction will fuel the expansion of next-generation cloud and AI infrastructure and implies an Aligned enterprise value of approximately $40 billion.
AIP was founded by BlackRock, GIP, a part of BlackRock, MGX, Microsoft, and NVIDIA to expand capacity of AI infrastructure and help shape the future of AI-driven economic growth. Its financial anchor investors include the Kuwait Investment Authority and Temasek. In less than a decade, Aligned has evolved into one of the largest and fastest growing data center companies globally.
The transaction, which is expected to close in the first half of 2026, subject to regulatory approvals and customary closing conditions, is AIP’s first investment and an important step towards its initial target of mobilizing and deploying $30 billion of equity capital, with the potential of reaching $100 billion including debt.