Data Centers

Acquisition of Aligned Data Centers: A consortium including Artificial Intelligence Infrastructure Partnership, MGX and BlackRock’s Global Infrastructure Partners, in its acquisition of 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. The acquisition of Aligned represents the largest data center transaction in recent history.

Blue Owl AI Data Center Joint Venture and Financing: Blue Owl on the closing of a $15 billion joint venture with Crusoe Energy Systems to fund the development of a 1.2-gigawatt AI data center campus comprised of eight buildings containing a total of 32 data halls and including 300 MW of on-site power generation, located in Abilene, Texas. The campus is 100% long-term leased to a Fortune 100 hyperscaler tenant. The project is financed with four separate real estate construction loans totaling $9.4 billion of proceeds.

Take-Private of CyrusOne: KKR, and an acquiring consortium including Global Infrastructure Partners, in the $15 billion acquisition of CyrusOne Inc., a data center REIT.

xScale Program Expansion Joint Venture: GIC in its $15 billion joint venture with Equinix (Nasdaq: EQIX) and CPP Investments to capitalize, acquire and develop a U.S. centric digital infrastructure platform. Driven by increasing artificial intelligence and cloud growth, the JV is intended to accelerate the Equinix xScale data center portfolio by purchasing land to build new state-of-the-art xScale facilities on multiple greater-than-100-megawatt campuses in the U.S.

CoreWeave Debt Financing: CoreWeave, the AI hyperscaler, in its $7.5 billion debt financing facility led by Blackstone, with participation from Magnetar (co-lead investor) and Coatue. Participation in the financing also included CDPQ, DigitalBridge Credit and BlackRock. The new financing will be used to further develop CoreWeave’s growing fleet of high-performance compute to execute existing contracts with leading enterprise customers and AI innovators.