Abu Dhabi, United Arab Emirates – August 2, 2023 – Mubadala Investment Company (“Mubadala”), the Abu Dhabi sovereign investor, today announced it has invested in Aligned Data Centers (“Aligned”), a leading pan-Americas data center company headquartered in the U.S. With this investment, Mubadala will become a minority partner alongside majority partners managed by Macquarie Asset Management.
Aligned offers both Scale Data Centers (colocation) and Build-to-Scale (build-to-suit) solutions to support global hyperscale and enterprise customers, helping to meet the demand for sustainable and scalable infrastructure. Aligned’s footprint will span more than 2.5 GW of critical capacity across 40+ data centers at full buildout.
While majority of the group’s operations remain in North America, Aligned recently expanded into Latin America with its acquisition of LatAm data center provider, ODATA. This positions Aligned among the largest private data center operators in the Americas. The group’s growing LatAm operations include data centers in Brazil, Chile, Colombia, and Mexico.
Commenting on the transaction, Khaled Abdulla Al Qubaisi, Chief Executive Officer of Real Estate and Infrastructure Investments at Mubadala, said: “Mubadala is pleased to invest in Aligned, one of the fastest-growing and dynamic data center providers in the Americas. Our investment will support Aligned’s rapid expansion, further reinforcing the company’s position as a preferred partner in the Pan-American data center market. In addition to Aligned’s continued business growth, we are further excited by its AI-ready status, making it strategically positioned to support infrastructure requirements for a broad set of AI, ML, and DL services. We look forward to working with Aligned’s talented management and employees to deliver essential digital infrastructure across the Americas.”
Andrew Schaap, Chief Executive Officer at Aligned, said: “We are excited to partner with the Mubadala team in support of Aligned’s continued growth trajectory and expanding data center platform, as well as a collective focus on building a more sustainable future through innovative, efficient infrastructure. This investment is a testament to our world-class data center solutions, high-caliber teams, and ability to quickly address the growing capacity demands and requirements of our loyal hyperscale and enterprise customers across the Americas.”
The Aligned investment builds on Mubadala’s growing digital infrastructure presence in the U.S. In June of this year, Mubadala committed to invest US $500 million in Brightspeed, a U.S.-based broadband and telecommunications services company, which is aiming to deliver fiber services that can reach up to three million homes and businesses over the next five years.
The investment is part of Mubadala’s rapidly expanding global digital infrastructure portfolio headed by its Executive Director, Mounir Barakat. In 2022, Mubadala invested US $350 million into Princeton Digital Group, a leading pan-Asian data center company focused on expanding world-class data center services to meet increasing demand across Asia. Mubadala has also invested £800 million into CityFibre, the UK’s largest independent full-fiber platform.
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About Mubadala Investment Company
Mubadala Investment Company is a sovereign investor managing a global portfolio, aimed at generating sustainable financial returns for the Government of Abu Dhabi.
Mubadala’s $276 billion (AED 1015 billion) portfolio spans six continents with interests in multiple sectors and asset classes. We leverage our deep sectoral expertise and long-standing partnerships to drive sustainable growth and profit, while supporting the continued diversification and global integration of the economy of the United Arab Emirates.
For more information about Mubadala Investment Company, please visit: www.mubadala.com
About Aligned Data Centers
Aligned Data Centers is a leading technology infrastructure company offering innovative, sustainable, and adaptive Scale Data Centers and Build-to-Scale solutions for global hyperscale and enterprise customers across the Americas. Our intelligent infrastructure allows densification and vertical growth within the same footprint, enabling customers to scale up without disruption, all while maintaining industry-leading Power Usage Effectiveness (PUE). By reducing the energy, water and space needed to operate, our data center solutions, combined with our patented cooling technology, offer businesses a competitive advantage by improving sustainability, reliability, and their bottom line. For more information, visit www.aligneddc.com and connect with us on X, LinkedIn and Facebook.
About Macquarie Asset Management
Macquarie Asset Management is a global asset manager that aims to deliver positive impact for everyone. Trusted by institutions, pension funds, governments, and individuals to manage approximately $US582 billion in assets globally, we provide access to specialist investment expertise across a range of capabilities including infrastructure, green investments & renewables, real estate, agriculture & natural assets, asset finance, private credit, equities, fixed income and multi asset solutions.
Macquarie Asset Management is part of Macquarie Group, a diversified financial group providing clients with asset management, finance, banking, advisory and risk and capital solutions across debt, equity, and commodities. Founded in 1969, Macquarie Group employs more than 20,500 people in 34 markets and is listed on the Australian Securities Exchange.
All figures as at 31 March 2023. For more information, please visit Macquarie.com.
Other than Macquarie Bank Limited ABN 46 008 583 542 (“Macquarie Bank”), any Macquarie Group entity noted in this press release is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia). The obligations of these other Macquarie Group entities do not represent deposits or other liabilities of Macquarie Bank. Macquarie Bank does not guarantee or otherwise provide assurance in respect of the obligations of these other Macquarie Group entities. In addition, if this document relates to an investment, (a) the investor is subject to investment risk including possible delays in repayment and loss of income and principal invested and (b) none of Macquarie Bank or any other Macquarie Group entity guarantees any particular rate of return on or the performance of the investment, nor do they guarantee repayment of capital in respect of the investment.
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