- Blackstone Credit & Insurance and Aligned Data Centers announced an expansion of their financing partnership, surpassing $1 billion in commitments. - The upsize of the existing senior secured credit facility will fund Aligned's growth and accelerate its investment portfolio strategy. - The expanded financing will support Aligned's planned development of over 5 gigawatts of capacity across the Americas. - This investment positions Aligned to meet the increasing demand for sustainable and adaptive infrastructure for next-generation workloads. - Meghan Baivier, CFO at Aligned, emphasized the importance of stakeholders in their journey and expressed gratitude for their support. - Baivier stated that the financing reflects market confidence in Aligned's long-term strategy and portfolio strength. - Rick Campbell, Head of U.S. Private High Grade Credit at BXCI, expressed excitement about the partnership and the financing's alignment with Blackstone's goals. - Alex Zoeckler from BXCI praised the collaboration with Aligned and their commitment to supporting the infrastructure powering the digital economy. - Aligned leverages its experience and innovation in scalable locations and cooling solutions to meet the growing demand for AI and cloud services.

Blackstone Credit & Insurance and Aligned Data Centers Expand Financing Partnership, Surpassing $1 Billion in Commitments

NEW YORK, NY and DALLAS, TX – AUGUST 21, 2025 – Blackstone Credit & Insurance (“BXCI”) and Aligned Data Centers, a leading technology infrastructure company offering innovative, sustainable and adaptive Scale Data Centers and Build-to-Scale solutions for global hyperscale, AI/HPC, and enterprise customers, today announced the successful upsize of their existing senior secured credit facility to fund Aligned’s continued growth and accelerate its portfolio strategy. The upsize brings BXCI commitments to Aligned to over $1 billion and is committed entirely by accounts managed by BXCI’s Infrastructure & Asset Based Credit Group.

The expanded financing partnership supports Aligned’s rapid growth and accelerates the development of the company’s planned 5+ GW of future capacity across the Americas. The investment also positions Aligned to better meet surging demand for adaptive, sustainable and future-ready infrastructure supporting next-generation workloads ranging from high-density AI implementation, to cloud, and enterprise applications.

“Our stakeholders are key partners in our journey. We are thankful for their support as we strategically pursue the vast development opportunities driven by AI, cloud, and enterprise services,” said Meghan Baivier, Chief Financial Officer at Aligned. “This issuance is a testament to the market’s confidence in our long-term strategy and the strength of our entire portfolio. It provides us with an efficient capital structure to fuel our long-term growth and continue delivering industry-leading solutions that scale with our customers’ evolving needs.”

“We are thrilled to partner with Aligned, and this financing is consistent with Blackstone’s focus on providing large scale and flexible high-grade capital solutions to support critical digital infrastructure,” said Rick Campbell, Head of U.S. Private High Grade Credit at BXCI.

Alex Zoeckler, Senior Associate, Infrastructure & Asset Based Credit at BXCI, said, “We are grateful to work with the Aligned team and look forward to continuing to support the company’s infrastructure that powers the digital economy.”

Aligned is uniquely positioned to address the growing demand for AI, cloud, and enterprise services, leveraging its history of successful deployments in scalable locations and over a decade of innovation in both air and liquid cooling solutions optimized for the most powerful Graphics Processing Units (GPUs).