BlackRock's AI Consortium to Buy Aligned Data Centers in $40 Billion Deal

By Connor Hart


BlackRock's new artificial-intelligence infrastructure consortium agreed to acquire Aligned Data Centers from Macquarie Asset Management in a deal valuing the company at about $40 billion.

The buyer group also includes Mubadala Investment's MGX and BlackRock's Global Infrastructure Partners. The companies said Wednesday the transaction ranks among the largest data-center deals ever and is expected to close in the first half of 2026, pending regulatory approvals.

Dallas-based Aligned, one of the fastest-growing hyperscale data center operators in the Americas, provides infrastructure for cloud and AI companies. It operates or is developing about 50 campuses with a total of 5 gigawatts of operational and planned capacity across the region.

The deal marks the first investment for the Artificial Intelligence Infrastructure Partnership, founded by BlackRock, Global Infrastructure Partners, MGX, Microsoft and Nvidia to expand the capacity of AI infrastructure and help shape the future of AI-driven economic growth. The group aims to raise as much as $100 billion in capital to expand data-center and energy infrastructure supporting AI growth.

Macquarie first invested in Aligned in 2018 and expanded its stake in 2020. Under its ownership, the company grew from two sites to a continental platform, Macquarie said.


Write to Connor Hart at connor.hart@wsj.com


(END) Dow Jones Newswires

October 15, 2025 08:42 ET (12:42 GMT)

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