Aligned Energy Breaks Ground on Second Salt Lake Metro Data Center

WEST JORDAN, UT (October 30, 2019)Aligned Energy, a leading data center provider offering innovative, sustainable and adaptable colocation and build-to-scale solutions for cloud, enterprise, and managed service providers, announces the expansion of its Salt Lake Metro data center campus, breaking ground on a second facility in West Jordan, Utah.  The expansion is driven by the addition of a new anchor customer as well as demand for adaptable, scalable data center infrastructure in the Western technology hub.

“Aligned continues to set  — and achieve — aggressive speed-to-market targets, most recently in Ashburn, and now in Salt Lake County with our latest greenfield deployment,” says Andrew Schaap, CEO of Aligned Energy. “Expected to complete in Q1 2020, our second West Jordan facility will provide adaptable, efficient and sustainable data center infrastructure to enable enhanced availability, performance and scale for customers’ growing cloud and application workloads in the region.”

Building on Aligned’s existing 34 MW, 300,000 sq. ft. West Jordan data center, the adjacent new 240,000-sq.-ft. facility will add 48 MW of capacity. At full build, the master-planned Aligned SLC campus will offer 780,000 square feet of space and 130 MW of capacity in the Silicon Slopes.

Aligned’s SLC data center campus will feature the Company’s patented Delta Cube (Delta³)TM cooling technology, which allows customers to scale up to 50 kW per rack without having to reconfigure existing infrastructure, disperse equipment, or require large-scale CapEx investments — all while maintaining industry-leading Power Usage Effectiveness (PUE) and utilizing up to 80% less energy and 85% less water. Combined with Aligned’s patented CACTUS® unit, this cooling solution delivers efficiency at any load, in any climate, regardless of location to support customers’ sustainability goals.

“We are happy to see Aligned Energy’s expansion in West Jordan. The Company’s decision to further invest in our city shows confidence in West Jordan’s growing economy and workforce,” says West Jordan City Mayor Jim Riding. “We are proud to partner with this leading data center that will bring new job opportunities for citizens, allowing them to live and work in West Jordan.”

In addition to its position as a growing technology center, infrastructure tax credits, alternative energy incentives and some of the lowest occurrences of natural and man-made disasters in the U.S. make Salt Lake City a desirable colocation market. Classified as a cold desert, Utah’s low humidity levels also make it ideal for ambient cooling. Furthermore, the state enjoys some of the lowest-cost electricity and natural gas rates in the nation, and renewable energy sources, such as solar and wind, are rapidly growing.

 

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Aligned Energy Secures Nearly $500 Million Facility to Support Expansion Plans

DALLAS (October 22, 2019)Aligned Energy, a leading data center provider offering innovative, sustainable and adaptable colocation and build-to-scale solutions for cloud, enterprise, and managed service providers, announced today it has completed a $495 million secured credit facility with investors including Goldman Sachs Bank USA, CPPIB Credit Investments Inc. (CPPIB Credit), a subsidiary of Canada Pension Plan Investment Board, and a global investment management corporation.

The new facility provides Aligned with flexible, lower-cost capital to support its growth objectives,  including the development of an expanding data center portfolio and the delivery of adaptable Colocation and Build-to-Scale solutions at scale in Dallas, Phoenix and Salt Lake City. Aligned’s most recent expansions include the completion of phase one of its hyperscale data center campus in Ashburn, VA, bringing an initial 60 MW to the heart of Data Center Alley, as well as an 8 MW expansion of its Dallas-area data center.

“We’re very pleased with the results of this transaction, and look forward to working with our capital partners to support the next phase of growth at Aligned,” said Anubhav Raj, CFO of Aligned Energy. “The secured loan with CPPIB Credit, Goldman Sachs, and a global investment management corporation, along with the continued backing of Macquarie Infrastructure Partners and BlueMountain Capital Management, further round out Aligned’s investor base and ensure we are well-positioned to take advantage of future expansion opportunities.”

“Our new credit facility underpins Aligned’s commitment to delivering critical capacity in record time,” added Andrew Schaap, CEO of Aligned Energy. “By achieving the next level of speed-to-market and scale, Aligned is meeting our customers’ growing demand for adaptable and highly efficient data center infrastructure solutions delivered where they need them, when they need them.”

Dechert LLP served as legal counsel to Goldman Sachs USA and Arnold & Porter represented CPPIB Credit on the financial transaction, while Cooley LLP represented Aligned Energy.

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Jennifer Handshew

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