MGX Consortium to Acquire Aligned Data Centers
Abu Dhabi's MGX is part of a consortium that plans to acquire 100% of the equity in Aligned Data Centers from private infrastructure funds managed by Macquarie Asset Management.
The transaction implies an enterprise value of approximately $40 billion for Aligned and will fuel the expansion of next-generation cloud and AI infrastructure.
- MGX is joined in the investment by the Artificial Intelligence Infrastructure Partnership (AIP) and BlackRock's Global Infrastructure Partners (GIP).
- AIP was founded by BlackRock, GIP, MGX, Microsoft, and Nvidia to expand AI infrastructure capacity and shape the future of AI-driven economic growth.
- Kuwait Investment Authority and Temasek are AIP's financial anchor investors.
No direct quote available in the given text.
Author's summary: MGX joins consortium to acquire Aligned Data Centers.
More News
- A Missile Past Its Prime: Why the Minuteman III’s Endless Life Extension Forces a Rethink of America’s Nuclear Triad
- Chicago Catholics confront ICE, fear and protests to protect migrants' dignity, religious rights - Catholic Standard
- Pinto, Cozens help Senators rally for 4-3 comeback win in shootout vs Kraken
- A case to keep Aadhaar as a voluntary KYC document
- ‘Jesus Christ is the way,’ President Oaks says in first interview as Church president
- Eagle Mountain tests new approach to preserve open spaces amid growth
- Lady Gators Soccer secures 4th Region title for the first time since 2020