Aligned Energy, a data center provider offering innovative, sustainable and adaptable colocation and build-to-scale solutions for cloud, enterprise, and managed service providers, has announced it has completed a USD 495 million secured credit facility with investors including Goldman Sachs Bank USA, CPPIB Credit Investments Inc. (CPPIB Credit), a subsidiary of the Canada Pension Plan Investment Board, and a global investment management corporation, the company said.
The new facility provides Aligned with flexible, lower-cost capital to support its growth objectives, including the development of an expanding data center portfolio and the delivery of adaptable Colocation and Build-to-Scale solutions at scale in Dallas, Phoenix and Salt Lake City. Aligned´s most recent expansions include the completion of phase one of its hyperscale data center campus in Ashburn, VA, bringing an initial 60 MW to the heart of Data Center Alley, as well as an 8 MW expansion of its Dallas-area data center.
Dechert LLP served as legal counsel to Goldman Sachs USA and Arnold & Porter represented CPPIB Credit on the financial transaction, while Cooley LLP represented Aligned Energy.
Aligned Energy is an infrastructure technology company that offers adaptable colocation and build-to-scale solutions to cloud, enterprise, and managed service providers. For more information, visit www.alignedenergy.com .