Aligned Data Centers: Expanding Financing Partnership with Blackstone Surpasses $1 Billion
Deal News | Aug 21, 2025 | Blackstone
Blackstone Credit & Insurance (BXCI) and Aligned Data Centers have expanded their financing partnership, resulting in over $1 billion in commitments. This upsize supports Aligned’s growth, particularly its 5+ GW of future capacity across the Americas. The financing aims to meet the growing demand for AI, cloud, and enterprise solutions by providing adaptive, sustainable infrastructure. Meghan Baivier from Aligned expressed gratitude towards stakeholders for their support, while Rick Campbell of BXCI highlighted the significance of this partnership in enhancing digital infrastructure. Aligned is poised to leverage its innovation in scalable, efficient, and sustainable solutions to meet evolving customer needs.
Sectors
- Technology Infrastructure
- Financial Services
Geography
- United States – Both Blackstone Credit & Insurance and Aligned Data Centers have significant operations and are based in the U.S., facilitating this partnership.
Industry
- Technology Infrastructure – Aligned Data Centers provides innovative technology infrastructure solutions for global hyperscale, AI/HPC, and enterprise customers.
- Financial Services – Blackstone Credit & Insurance provides large-scale, flexible capital solutions supporting digital infrastructure upgrades.
Financials
- $1 billion – The total commitment from Blackstone Credit & Insurance to Aligned Data Centers as part of the expanded financing partnership.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Blackstone Credit & Insurance | Financing Partner | Company | A leading provider of credit and investment management services, supporting digital infrastructure projects. |
| Aligned Data Centers | Target Company | Company | A technology infrastructure firm offering sustainable, scalable data center solutions. |
| Meghan Baivier | Chief Financial Officer | Person | CFO of Aligned, overseeing strategic financial initiatives. |
| Rick Campbell | Head of U.S. Private High Grade Credit | Person | Head of U.S. Private High Grade Credit at BXCI, involved in the financing deal. |
| Alex Zoeckler | Senior Associate, Infrastructure & Asset Based Credit | Person | Senior Associate at BXCI, engaged in the Aligned partnership. |