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Home Deal Announcements

Macquarie-Led Syndicate Increases Aligned’s Facility to $575MM

byPhil Neuffer
May 13, 2020
in Deal Announcements

Macquarie Infrastructure Partners, BlueMountain Capital Management and Goldman Sachs Bank increased Aligned’s secured credit facility to $575 million. In addition, ING Capital, Shinhan Bank New York Branch and TD Securities joined as new facility lenders.

“We’re very fortunate to have knowledgeable investors who understand our business, and the increase in Aligned’s secured credit facility reflects their recognition of our strong market position and rising customer demand,” Anubhav Raj, CFO of Aligned, said. “Armed with additional, patient capital, Aligned will be able to accelerate our short and long-term growth strategies, which extend to both domestic and global expansion opportunities.”

Aligned’s data center portfolio, across which it matches 100% of IT loads with certified renewable energy, includes facilities in Virginia, Dallas, Phoenix and Salt Lake City.

“As the business world moves at an even more rapid pace towards digital transformation, now more than ever, hyperscalers and large enterprises are demanding highly dynamic, scalable and future-proof data center solutions,” Andrew Schaap, CEO of Aligned, said. “By virtue of our solid capital foundation, focus on innovation and commitment to sustainability, Aligned offers clients a stable and responsible partner whom they can rely on, now and into the future.”

Aligned is an infrastructure technology company.

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