Wednesday, August 2, 2023

Mubadala takes minority stake in Aligned Data Centers

Mubadala, the Abu Dhabi sovereign investment company,  has acquired a minority stake in Aligned Data Centers, alongside majority partners managed by Macquarie Asset Management.

Aligned offers both Scale Data Centers (colocation) and Build-to-Scale (build-to-suit) solutions to support global hyperscale and enterprise customers, helping to meet the demand for sustainable and scalable infrastructure. Aligned’s footprint will span more than 2.5 GW of critical capacity across 40+ data centers at full buildout.

While majority of the group’s operations remain in North America, Aligned recently expanded into Latin America with its acquisition of LatAm data center provider, ODATA. This positions Aligned among the largest private data center operators in the Americas. The group’s growing LatAm operations include data centers in Brazil, Chile, Colombia, and Mexico.

 Commenting on the transaction, Khaled Abdulla Al Qubaisi, Chief Executive Officer of Real Estate and Infrastructure Investments at Mubadala, said: “Mubadala is pleased to invest in Aligned, one of the fastest-growing and dynamic data center providers in the Americas. 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. 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. We look forward to working with Aligned’s talented management and employees to deliver essential digital infrastructure across the Americas.”

www.mubadala.com

  • In June of this year, Mubadala committed to invest US $500 million in Brightspeed, a U.S.-based broadband and telecommunications services company, which is aiming to deliver fiber services that can reach up to three million homes and businesses over the next five years.
  • In 2022, Mubadala invested US $350 million into Princeton Digital Group, a leading pan-Asian data center company focused on expanding world-class data center services to meet increasing demand across Asia. 
  • Mubadala has also invested £800 million into CityFibre, the UK’s largest independent full-fiber platform.