Macquarie sells Aligned Data Centre business for US$40bn

Sold to The Artificial Intelligence Infrastructure Partnership, MGX, and BlackRock’s Global Infrastructure Partner.

Macquarie Group has sold its stake in Aligned Data Centre for US$40 billion to the Artificial Intelligence Infrastructure Partnership (AIP), MGX, and BlackRock’s Global Infrastructure Partners.

This deal is seen to be one of the biggest deals within the tech sector.

The AIP was founded by BlackRock, a consortium featuring tech giants Microsoft and Nvidia. Its aim is to expand the capacity of AI infrastructure and help shape the future of AI-driven economic growth.

AIP’s financial anchor investors include the Kuwait Investment Authority and Temasek.

Macquarie Asset Management made its original investment into Aligned Data Centres in 2018 and acquired an additional stake in 2020.

In a statement, Anton Moldan senior managing director at Macquarie Asset Management said, “We shared a vision with the Aligned management team to build a scaled pure-play hyperscale data center platform in the Americas with a differentiated land bank with access to scaled near term power in core markets.

“Today’s announcement marks the realisation of that vision and reflects the quality and strength of Aligned as a world class platform.”

Andrew Schaap, CEO of Aligned Data Centers stated, “Partnering with the Consortium will accelerate our mission to deliver the infrastructure powering tomorrow’s digital economy.

“With AIP, MGX, and GIP’s global reach, extensive resources, and deep expertise across AI, energy, and finance, we are poised to scale faster, innovate further, and redefine what’s possible in sustainable data centre infrastructure.”

According to AIP, this transaction is its first investment and a step towards its initial target of mobilising and deploying US$30 billion of equity capital, with the potential of reaching US$100 billion including debt.

The transaction is expected to close in the first half of 2026, subject to regulatory approvals and customary closing conditions.

Aligned, headquartered in Dallas, Texas, is a provider of innovative, sustainable and adaptive data centre solutions supporting hyperscale and enterprise customers across North and South America.

This is Macquarie Asset Management’s second data centre transaction in the last year, following the 2024 sale of AirTrunk to a consortium of investors which valued the company at $24 billion including debt and planned capital expenditure.