Home / Business and Economy / BlackRock Backs Data Center Growth With $5B
BlackRock Backs Data Center Growth With $5B
21 Jul
Summary
- A group including BlackRock committed $5 billion.
- The capital is for Aligned Data Centers' growth.
- The investment follows the acquisition of a data center operator.
A significant financial commitment of $5 billion in growth capital has been pledged to Aligned Data Centers. This substantial investment comes from a group supported by major players including BlackRock and the Abu Dhabi-based fund MGX.
This capital injection occurred shortly after the group's successful acquisition of a prominent global data center operator. The funding is designated to support Aligned Data Centers' strategic growth initiatives and expansion efforts.
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