BlackRock's GIP plans to acquire Aligned Data Centers for $40 billion.

PANews, October 4 - According to a report by Bloomberg, Global Infrastructure Partners, a subsidiary of BlackRock, is in deep discussions with Aligned Data Centers regarding an acquisition of approximately $40 billion. Aligned secured $12 billion in equity and debt financing at the beginning of the year, aiming to expand to a data center capacity of 5GW. Currently, it has an operational capacity of about 600MW and is constructing about 700MW, managing or developing a total of 78 data centers. Based on an industry price of approximately $210 per kW per month, Aligned's annual revenue could reach nearly $1.6 billion, potentially increasing to $3.4 billion including the capacity under construction. CoreWeave disclosed a revenue of $1.91 billion for 2024, with 470MW already operational.