GIP Reportedly in Talks to Acquire Aligned Data Centers in USD 40 Billion Deal

New York, USA, October 3, 2025- Global Infrastructure Partners (GIP), a subsidiary of BlackRock, is reportedly in advanced negotiations to acquire Aligned Data Centers, a Texas-based firm backed by Macquarie, in a deal valued at approximately USD 40 billion, according to sources close to the matter. While neither company has officially announced the transaction, the reported negotiations underscore the surging demand for AI infrastructure.

Aligned Data Centers, which previously raised over USD 12 billion earlier this year, operates 50 campuses and 78 data centers across the U.S. and South America. The company is poised to expand its capacity to over 5 gigawatts (GW), positioning itself as a significant player in the AI data center sector. Analysts say the deal, if finalized, would mark one of the largest private acquisitions in the global data center market to date.

Industry observers note that the acquisition reflects broader trends in the AI infrastructure space, where companies are racing to secure scalable, energy-efficient facilities to meet the growing computational demands of artificial intelligence applications. Aligned’s focus on sustainable, adaptive-scale data centers aligns with this market shift, highlighting the increasing emphasis on green and energy-conscious operations.

While the reported valuation of USD 40 billion highlights the magnitude of the deal, details regarding financing, participation by other investors, or potential regulatory approvals remain unclear. Some reports suggest that Mubadala Investment Co., through its AI investment vehicle MGX, may participate independently in the transaction.

Market analysts believe the acquisition would further consolidate the U.S. data center market and provide GIP with a strong foothold in AI-ready infrastructure, reinforcing its position as a major player in high-performance computing assets. The transaction also signals the increasing willingness of private investment firms to commit significant capital to data center expansion, driven by the accelerating global demand for AI services.

Although the deal is still in negotiation and not yet officially announced, industry insiders expect it to close in the coming months, potentially reshaping the competitive landscape of AI-focused data centers.