BRIEF-MGX, AIP and Blackrock's GIP Close Acquisition Of Aligned Data Centers

BlackRock, Inc.

BlackRock, Inc.

BLK

0.00

July 21 (Reuters) - MGX:

  • MGX - ARTIFICIAL INTELLIGENCE INFRASTRUCTURE PARTNERSHIP (“AIP”), MGX AND BLACKROCK’S GLOBAL INFRASTRUCTURE PARTNERS (“GIP”) CLOSE ACQUISITION OF ALIGNED DATA CENTERS

  • MGX - TRANSACTION REFLECTS ALIGNED DATA CENTERS’ ENTERPRISE VALUATION OF APPROXIMATELY $40 BILLION

  • MGX - ALIGNED’S CHIEF EXECUTIVE OFFICER ANDREW SCHAAP AND THE EXISTING MANAGEMENT TEAM WILL CONTINUE TO LEAD THE COMPANY

  • MGX - CONSORTIUM ALSO COMMITTED AN ADDITIONAL $5 BILLION OF GROWTH CAPITAL TO FUND ALIGNED'S CONTINUED EXPANSION AND SCALE-UP OF AI-READY CAPACITY

  • MGX - ALIGNED WILL REMAIN HEADQUARTERED IN DALLAS, TEXAS

  • MGX - ACQUISITION OF ALIGNED DATA CENTERS FROM PRIVATE INFRASTRUCTURE FUNDS MANAGED BY MACQUARIE ASSET MANAGEMENT AND ITS CO-INVEST PARTNERS

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