The sale marks one of the biggest deals ever in the global data center market.
PLANO, Texas — This article was originally published in the Dallas Business Journal. Read the original article and more business content here.
A consortium including huge companies like BlackRock Inc. and Nvidia Corp. has reached an agreement to buy Plano-based Aligned Data Centers for $40 billion in one of the biggest deals ever in the global data center market.
Sydney, Australia-based Macquarie Asset Management will sell its entire stake in Aligned to the AI Infrastructure Partnership, MGX and BlackRock’s Global Infrastructure Partners in the deal announced early on Oct. 15. The transaction is expected to close in the first half of 2026.
AIP was founded by BlackRock (NYSE: BLK), its subsidiary GIP, MGX, Microsoft and Nvidia (Nasdaq: NVDA) to expand AI infrastructure and support future AI-driven economic growth. Its main financial backers include Kuwait Investment Authority and Temasek. The deal represents AIP’s first investment as it plans to invest $30 billion in equity capital, with the potential to reach $100 billion, including debt.
Aligned CEO Andrew Schaap said there will be no changes to leadership or staff at Aligned, which employs more than 1,000 people. The company operates across the U.S. and South America, with 50 campuses and 78 data centers either in operation or under development. In Dallas-Fort Worth, construction is underway on new facilities in Mansfield and East Plano, one of which will be occupied by Lambda Inc., a cloud computing firm backed by Nvidia.