Aligned: Mubadala makes an investment in Aligned Data Centers and acquires a minority stake
Aug 02, 2023 | Posted by Abdul-Rahman Oladimeji
Mubadala Investment Company, the sovereign investment branch of Abu Dhabi, has invested in Aligned Data Centers. Mubadala will become a minority shareholder in the U.S. company, although the scale of the investment was not disclosed. Macquarie Asset Management remains the majority shareholder of the corporation.
Aligned has traditionally focused on North America, but in May of this year, the company acquired Odata, a LATAM-based company with a presence in Brazil, Chile, Colombia, and Mexico. At the time, it was estimated that the combined operations of over 40 data centers amounted to more than 2.5 GW of critical capacity. The business has US facilities in Dallas, Northern Virginia, Chicago, Phoenix, Hillsboro, Maryland, and Salt Lake City. It has also recently invested in the Canadian operator QScale.
Mubadala has a number of data center and digital infrastructure investments. At the beginning of this year, it acquired a stake in liquid cooling company CoolIT and invested $500 million in US ISP Brightspeed. Additionally, it has invested in Princeton Digital Group, the Russian colocation company IXcellerate, the gas-powered data center company Crusoe, and Cologix before exiting in January 2022.