BlackRock's GIP in Advanced Talks to Acquire Aligned Data Centers for $40B

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As reported by PANews, BlackRock's Global Infrastructure Partners is in advanced discussions to acquire Aligned Data Centers for approximately $40 billion, according to Bloomberg. Aligned, which secured $12 billion in equity and debt financing earlier this year, aims to expand its data center capacity to 5 gigawatts. Currently, it has 600MW of operational capacity and 700MW under construction, with 78 data centers in management or development. At an industry rate of about $210 per kilowatt per month, Aligned's annual revenue could reach nearly $1.6 billion, or $3.4 billion including under-construction capacity. CoreWeave disclosed $1.91 billion in 2024 revenue and 470MW of operational capacity.

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