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BlackRock's GIP to Acquire Aligned Data Center for $40 Billion

BlockBeats News, October 4th, BlackRock’s Global Infrastructure Partners, a sub-fund of BlackRock, is in advanced talks with Aligned Data Centers for a approximately $40 billion acquisition. Aligned received a $12 billion equity and debt financing earlier this year, with plans to expand to a 5 GW data center capacity. Currently, it has an operational capacity of around 600 MW, about 700 MW under construction, and a total of 78 data centers either managed or in development.

If calculated at an industry price of about $210 per kilowatt per month, Aligned’s annual revenue could be nearly $1.6 billion, including the under-construction capacity or up to $3.4 billion. CoreWeave disclosed a 2024 revenue of $1.91 billion with 470 MW in operation. (Bloomberg)

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