Abu Dhabi’s sovereign investment arm, the Mubadala Investment Company, has invested in Aligned Data Centers.
The size of the investment was not disclosed, but Mubadala will become a minority stakeholder in the US-based business. Macquarie Asset Management continues to be the company's majority owner.
Aligned Energy CEO: "Technologies such as AI, IoT, VR, and blockchain will call for considerably more compute"
Aligned Energy sounds like an electric utility, but CEO Andrew Schaap says it can serve any size of colo customer thanks to innovative cooling and strong backing
“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,” said Khaled Al Qubaisi, chief executive of real estate and infrastructure investments at Mubadala.
"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."
Andrew Schaap, Aligned CEO, added: “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.”
Aligned has historically focused on North America, but this May acquired LATAM-based Odata with a footprint in Brazil, Chile, Colombia, and Mexico. At the time, it said the combined operations amounted to more than 2.5GW of critical capacity across over 40 data centers at full build-out. The company has US facilities in Chicago, Dallas, Hillsboro, Maryland, Northern Virginia, Phoenix, and Salt Lake City. It also recently invested in Canadian operator QScale.
Mubadala has a number of investments in the data center and digital infrastructure space. Earlier this year it took a stake in liquid cooling company CoolIT, and pumped $500m into US ISP Brightspeed. It has also invested in Princeton Digital Group, Russian colocation firm IXcellerate, gas-powered data center company Crusoe, and was previously an investor in Cologix before exiting in January 2022.
