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

Bloomberg reported that BlackRock's Global Infrastructure Partners is in deep discussions with Aligned Data Centers about a potential $40 billion acquisition. Aligned received $12 billion in equity and debt financing earlier this year, with a goal of expanding to a 5GW data center capacity. Currently, it has an operational capacity of around 600MW, with another 700MW under construction, and a total of 78 data centers in management or development. Assuming an industry price of around $210 per kilowatt per month, Aligned's annual revenue could be close to $1.6 billion, including the under-construction capacity, reaching up to $3.4 billion. CoreWeave disclosed a 2024 revenue of $1.91 billion, with an operational capacity of 470MW.