BlackRock's GIP plans to acquire Aligned Data Centers for $40 billions

Jinse Finance reported, citing Bloomberg, that Global Infrastructure Partners, a subsidiary of BlackRock, is in advanced talks with Aligned Data Centers regarding an acquisition worth approximately $40 billion. At the beginning of the year, Aligned secured $12 billion in equity and debt financing, aiming to expand its data center capacity to 5GW. Currently, its operational capacity is about 600MW, with around 700MW under construction, and it manages or develops a total of 78 data centers. Based on the industry price of approximately $210 per kilowatt per month, Aligned's annual revenue could reach nearly $1.6 billion, and including capacity under construction, it could reach $3.4 billion. CoreWeave disclosed 2024 revenue of $1.91 billion, with 470MW already in operation.