Overview

• The acquisition from Macquarie Asset Management is the first deal by the AI Infrastructure Partnership anchored by BlackRock, Microsoft and Nvidia.
• Additional backers include MGX, with Kuwait Investment Authority and Temasek named as anchor investors, while individual contributions were not disclosed.
• Aligned operates and plans more than 5 gigawatts across roughly 50 campuses in the U.S. and Latin America, with market intel firm DC Byte estimating about 600 megawatts live and 700 megawatts under construction.
• The deal underscores a race to secure AI compute capacity as major tech firms are projected by Morgan Stanley to spend about $400 billion on AI infrastructure this year.
• Nvidia and Aligned declined to comment on the transaction, and a statement said closing is targeted for the first half of next year.