• Sun. Nov 24th, 2024

CenterSquare Investment Management invests in Aligned Data Centers

Apr 3, 2024

Strategic Investment with Macquarie Asset Management Will Bolster Aligned’s Growth and Expansion Initiatives

CenterSquare Investment Management (CenterSquare) today announced an equity investment in Aligned Data Centers (Aligned), one of the largest and fastest growing private data center developers in the Americas. The investment was facilitated through CenterSquare’s strategic partnership with Macquarie Asset Management, whose managed funds hold a majority stake in Aligned Data Centers.

“We look forward to partnering with Aligned, a well-regarded operator and developer of data centers, satisfying the robust demand being driven by the escalating adoption of cloud technology and the burgeoning AI wave,” said Chad Burkhardt, Managing Director of Strategic Capital at CenterSquare Investment Management.

Aligned is led by a seasoned management team of experts with deep industry knowledge, averaging over 20 years of experience. Their expansive platform, bolstered through strategic investments and acquisitions, will harness this funding to support Aligned’s expanding portfolio of cutting-edge, sustainable data center facilities aimed at meeting surging demand for innovative digital infrastructure solutions.

“CenterSquare’s investment is a tremendous validation of our vision and growth strategy,” said Andrew Schaap, Chief Executive Officer of Aligned. “The investment further propels Aligned’s expansion, enabling the development of next-generation data center infrastructure to support the surge of AI and hyperscale computing.”

The post CenterSquare Investment Management invests in Aligned Data Centers first appeared on AI-TechPark.


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[Source: AI Techpark]

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