Aligned: Aligned Increases Facility to $575 Million (PR)

May 11, 2020 | Posted by Eric Bell

DALLAS – Aligned, a leading data center provider offering innovative, sustainable and adaptable colocation and build-to-scale solutions for cloud, enterprise, and managed service providers, announces it has increased its secured credit facility to $575 million as the company experiences continuous and consistently strong customer demand for its adaptive infrastructure solutions. Along with the continued backing of Macquarie Infrastructure Partners, BlueMountain Capital Management and Goldman Sachs Bank USA, new facility lenders include ING Capital LLC, Shinhan Bank New York Branch and TD Securities.

“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,” states Anubhav Raj, CFO of Aligned. “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 Ashburn, Dallas, Phoenix, and Salt Lake City. The company’s mission is to provide ultra-efficient, rapidly deployable and sustainable data center solutions that enable customers to scale easily and efficiently as their business grows, while solving the world’s toughest sustainability challenges associated with data center infrastructure, energy consumption and water usage.

“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,” says Andrew Schaap, CEO of Aligned. “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.”