Aligned: Aligned announces $1.35 billion in securitized notes under its Green Finance framework

Aug 27, 2021 | Posted by Abdul-Rahman Oladimeji

Aligned just announced $1.35 billion in securitized notes, which is issued under its new Green Finance Framework. The Company said the notes issued were the first-ever green data securitization as well as the largest ever inaugural data center securitization. Anubhav Raj, CFO of Aligned, said the Company is grateful to its relationship banks and financial advisors that have unwavering confidence in the Company’s ability to innovate and solve the many challenges of data center sustainability. He also said their support would help the Company realize its green data center development and market growth.

ESG and corporate governance rating Company, Sustainalytics has thoroughly analyzed the notes. Guggenheim Securities LLC was the joint active book-running manager and sole structuring advisor for the security notes. Wells Fargo Securities, Goldman Sachs & Co., and Deutsche Bank Securities also acted as the term notes’ joint active book-running managers.

CEO of Aligned, Andrew Schaap, said the Company believes that sustainability gives a competitive advantage to data center operations while being essential for customers’ success. He also added that Aligned is privileged to have the support of major financial institutions.

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