Aligned Exceeds Core ESG Objectives and Increases Sustainability-Linked Credit Facility to $1.25 Billion

DALLAS – July 21, 2021 – Aligned, a leading data center provider offering innovative, sustainable and adaptable colocation and build-to-scale solutions for cloud, enterprise, and managed service providers, announces it has increased its senior secured credit facility, the first-ever U.S. data center sustainability-linked financing, by $250 million to $1.25 billion. TD Securities (USA) LLC, Goldman Sachs Bank USA, Deutsche Bank AG, New York Branch, Wells Fargo Securities, LLC, Citizens Bank, N.A., and Nomura Securities International, Inc. acted as joint bookrunners and joint lead arrangers for the facility, which is one of the largest private debt raises in data center history. Aligned engaged TD Securities (USA) LLC as the administrative and collateral agent; Goldman Sachs Lending Partners LLC as the syndication agent; and ING Capital LLC as the sustainability structuring agent.

“Aligned’s credit facility upsizing will provide increased financial capacity and flexibility to support the expansion of our data center portfolio in step with rising demand and further development of our core sustainability initiatives,” states Anubhav Raj, CFO, Aligned. “Our company’s position is that an investment in digital infrastructure requires an investment in sustainability, which is essential to positive, lasting impact on our environment as well as long-term value creation.”

Aligned met and successfully exceeded all the requirements of the $1 billion sustainability-linked credit facility issued in September 2020. Aligned’s sustainability-linked financing is tied to the company’s core environmental, social and governance (ESG) objectives, and Key Performance Indicators (KPIs), including a commitment to match 100% of Aligned’s annual energy consumption to zero-carbon renewable energy by 2024; aligning the company’s ESG reporting efforts with a global standard and ensuring ESG disclosure for Aligned stakeholders, and a commitment to having and reporting on a Total Recordable Incident Rate (TRIR) with respect to workplace safety.

“Among sophisticated hyperscale and enterprise companies, sound environmental stewardship is now a top-of-mind concern,” says Andrew Schaap, CEO of Aligned. “While no one company or organization can solve the world’s sustainability challenges, Aligned’s adaptive data center platform is instrumental in reducing environmental impact while lowering the total cost of ownership for customers — a win-win — and it’s gratifying that our relationship banks and investors recognize this by facilitating our ability to respond to continuously increasing demand.”

Aligned and ING Capital received the Environmental Finance 2021 Bond Award for the “Highly Commended, Sustainability-Linked Loan of the Year.” The Environmental Finance 2021 Bond Awards honor the market participants and leading sustainability-linked bonds and loans for their thought leadership, best practice or innovation.

 About Aligned

Aligned is an infrastructure technology company that offers adaptable colocation and build-to-scale solutions to cloud, enterprise, and managed service providers. Our intelligent infrastructure allows densification and vertical growth within the same footprint, enabling customers to scale up without disruption, all while maintaining industry-leading Power Usage Effectiveness (PUE). By reducing the energy, water and space needed to operate, our data center solutions, combined with our patented cooling technology, offer businesses a competitive advantage by improving sustainability, reliability and their bottom line. For more information, visit www.alignedenergy.com and connect with us on Twitter, LinkedIn and Facebook.

Press and Analyst Inquiries

Jennifer Handshew

[email protected]
Mobile: +1 (917) 359-8838

Aligned Breaks Ground on Chicago Hyperscale Data Center Campus

Demand for Rapidly Scalable Infrastructure Drives Aligned’s Latest Market Entry

CHICAGO – April 28, 2021 – Aligned, a leading data center provider offering innovative, sustainable and adaptable colocation and build-to-scale solutions for cloud, enterprise, and managed service providers, announces it has broken ground on its latest hyperscale data center campus in Chicago, Illinois.  The first data center being constructed on the 18.5-acre campus, known as ORD-01, is a 220,000 square-foot, 48 MW facility (expandable to ~60 MW).  Upon completion, Aligned’s Chicago campus will offer 100+ MW of capacity.

“Whether by rail, road, air, or network packet, Chicago has long served as a major infrastructure hub for the nation’s commerce and now, a rapidly transforming digital economy.  We’re excited to bring our adaptive infrastructure and ExpandOnDemandTM capabilities to serve the needs of fast-growing customers in the Chicago market,” says Andrew Schaap, CEO of Aligned. “The city’s central location, attractive data center sales tax incentives, long-haul connectivity and access to ample renewable energy options make it an ideal site for hyperscalers, cloud companies, and multinational enterprises to deploy their mission-critical infrastructure.”

Located at 505 Northwest Avenue in Northlake, IL, ORD-01 will feature the Company’s patented and award-winning Delta3™ cooling technology, which utilizes up to 80% less energy and 85% less water than traditional cooling systems to improve power usage effectiveness (PUE), reduce environmental impact, and lower the Total Cost of Ownership (TCO) for customers. The Delta³ cooling systems allow customers to ExpandOnDemand, incrementally scaling in place up to 50 kW per rack without stranding capacity.

”The City of Northlake welcomes Aligned. Northlake is well positioned in the Chicago market being centrally located and having great infrastructure to support the new facility,” adds Northlake Mayor Jeffrey Sherwin.  “This will be Northlake’s third data center development.  We work closely with developers to make their projects a reality. Their success is our success.” 

ORD-01 is strategically positioned at the convergence of over 12 metro, long haul and international fiber networks, offering customers extensive local and global connectivity options. With direct access to existing power and municipal utility resources, the facility will draw redundant, critical power from two on-site substations with 170 MW total capacity. Economic stability, low utility costs, and attractive tax incentives, including exemptions from sales and use tax for qualifying data centers via the Illinois Department of Commerce and Economic Opportunity, make Chicago one of the most affordable and sought-after data center markets in the U.S. In a fast-growing market where data center space is becoming scarce due to the expansion of hyperscale companies and cloud service providers (CSPs), Aligned’s Chicago data center will add significant capacity for businesses seeking to locate their mission-critical infrastructure in the region. 

 About Aligned

Aligned is an infrastructure technology company that offers adaptable colocation and build-to-scale solutions to cloud, enterprise, and managed service providers. Our intelligent infrastructure allows densification and vertical growth within the same footprint, enabling customers to scale up without disruption, all while maintaining industry-leading Power Usage Effectiveness (PUE). By reducing the energy, water and space needed to operate, our data center solutions, combined with our patented cooling technology, offer businesses a competitive advantage by improving sustainability, reliability and their bottom line. For more information, visit www.alignedenergy.com and connect with us on Twitter, LinkedIn and Facebook.

Press and Analyst Inquiries

Jennifer Handshew

[email protected]
Mobile: +1 (917) 359-8838

Aligned Launches Second Salt Lake Metro Data Center

WEST JORDAN, UTAH – March 10, 2021 – Aligned, 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 completion its second data center in the Salt Lake Metro Area, located in West Jordan, UT.  The new 48 MW (expandable to 60 MW), 240,000 square-foot facility is the second data center to be built on Aligned’s Salt Lake Metro data center campus.

“Aligned’s second Salt Lake facility, our latest greenfield deployment, underscores our commitment to delivering adaptive and sustainable data center infrastructure to meet customer demand in the Silicon Slopes and beyond,” says Andrew Schaap, CEO of Aligned. “The growth of this vibrant Western technology hub, combined with some of the most attractive tax incentives in the U.S., has prompted many companies to deploy infrastructure in the Salt Lake City region. The completion of the initial phase of Aligned’s SLC-02 will add significant capacity for organizations needing adaptive, efficient and scalable data center infrastructure for their growing cloud and application workloads.”

The data center will feature the Company’s patented and award-winning Delta3cooling technology, which utilizes up to 80% less energy and 85% less water than traditional cooling systems to improve power usage effectiveness (PUE), reduce environmental impact, and lower the Total Cost of Ownership (TCO) for customers. Delta³ cooling systems allow customers to Expand on Demand, incrementally scaling in place up to 50 kW per rack without stranding capacity.

“We’re thrilled to see Aligned expand their local campus, delivering on an additional phase and expanded capacity in the City of West Jordan,” adds City of West Jordan Mayor, Dirk Burton. “This tremendous investment will not only help foster the fantastic technology industry growth that’s taking place along the Wasatch Front, but also signals confidence in our strong, home-grown workforce and aggressively pro-business environment.”

The Salt Lake City Metro Area is a growing technology center with extensive connectivity options (including a newly opened cloud region by a global Cloud Services Provider [CSP]), attractive alternative energy incentives, and flexible infrastructure tax credits. In Utah, qualified data center customers are exempt from sales tax on purchases of data center equipment with an economic life of at least one year that is used in their operations. The State of Utah also enjoys some of the lowest electricity and natural gas rates in the U.S., and renewable energy sources such as solar and wind are also rapidly growing. Moreover, Utah is classified as a cold desert, and its low humidity levels enable data centers to employ ambient cooling, reducing cooling costs.

About Aligned

Aligned is an infrastructure technology company that offers adaptable colocation and build-to-scale solutions to cloud, enterprise, and managed service providers. Our intelligent infrastructure allows densification and vertical growth within the same footprint, enabling customers to scale up without disruption, all while maintaining industry-leading Power Usage Effectiveness (PUE). By reducing the energy, water and space needed to operate, our data center solutions, combined with our patented cooling technology, offer businesses a competitive advantage by improving sustainability, reliability and their bottom line. For more information, visit www.alignedenergy.com/ and connect with us on Twitter, LinkedIn and Facebook.

Press and Analyst Inquiries

Jennifer Handshew

[email protected]
Mobile: +1 (917) 359-8838

Aligned Launches Next Evolution of its Delta³ Cooling Technology, Increasing Cooling Capacity by 25%

DALLAS – November 17, 2020 – Aligned, a leading data center provider offering innovative, sustainable and adaptable colocation and build-to-scale solutions for cloud, enterprise, and managed service providers, announces significant improvements to Delta³, the Company’s patented and award-winning data center cooling technology. Furthering Aligned’s industry-leading commitment to environmental stewardship and energy efficiency, Delta³ now offers 25% greater cooling capacity, allowing for higher densities and more flexible customer IT loads.

“Aligned has always been laser-focused on solving our customers’ capacity management challenges through continuous improvements and innovation in adaptive data center design, including our efficient cooling and our advanced, standardized supply chain methodology that accelerates and streamlines delivery,” states Andrew Schaap, CEO of Aligned. “The technological improvements we’ve made on our patented Delta³ cooling system are game-changers, enabling even greater vertical densification and more efficient use of space and infrastructure to support our customers’ on-demand capacity growth.”

Aligned’s Delta³ cooling technology utilizes up to 80% less energy and 85% less water to improve power usage effectiveness (PUE), reduce environmental impact and lower the Total Cost of Ownership (TCO) for customers. Delta³ cooling systems allow customers to Expand on Demand, incrementally scaling in place up to 50 kW per rack without stranding capacity, which also improves sustainability. Providing a hyper-scalable and ultra-efficient environment, Aligned’s Delta³ cooling system delivers efficiency at any load, in any climate, and regardless of location to support companies’ stewardship goals.

Aligned’s proprietary cooling technology has originated more than 50 issued patents and over 500 patent claims. The continuous innovation of its Delta³ cooling technology reflects Aligned’s commitment to sustainable practices and principles across every facet of the organization. Recently, Aligned completed a $1 billion senior secured credit facility that is the first U.S. data center sustainability-linked financing. Aligned’s sustainability-linked financing is tied to the Company’s core environmental, social and governance (ESG) objectives, and Key Performance Indicators (KPIs), including a commitment to match 100% of Aligned’s annual energy consumption to zero-carbon renewable energy by 2024.

About Aligned

Aligned is an infrastructure technology company that offers adaptable colocation and build-to-scale solutions to cloud, enterprise, and managed service providers. Our intelligent infrastructure allows densification and vertical growth within the same footprint, enabling customers to scale up without disruption, all while maintaining industry-leading Power Usage Effectiveness (PUE). By reducing the energy, water and space needed to operate, our data center solutions, combined with our patented cooling technology, offer businesses a competitive advantage by improving sustainability, reliability and their bottom line. For more information, visit www.alignedenergy.com/ and connect with us on Twitter, LinkedIn and Facebook.

Press and Analyst Inquiries

Jennifer Handshew

[email protected]
Mobile: +1 (917) 359-8838






Aligned Closes $1 Billion Credit Facility and First-Ever U.S. Data Center Sustainability-Linked Financing

DALLAS – SEPTEMBER 16, 2020 – Aligned, a leading data center provider offering innovative, sustainable and adaptable colocation and build-to-scale solutions for cloud, enterprise, and managed service providers, announces completion of a $1 billion senior secured credit facility that is the first U.S. data center sustainability-linked financing. The facility is one of the largest private debt raises in data center history, consisting of a $650 million term loan, a $100 million delayed draw term loan and a $250 million revolving credit facility. Aligned engaged TD Securities as the administrative and collateral agent; Goldman Sachs Lending Partners LLC as the syndication agent; and ING Capital LLC as the sustainability structuring agent. TD Securities, Goldman Sachs Bank USA, Citizens Bank, N.A., Deutsche Bank AG, New York Branch, and Nomura Securities International, Inc. served as joint bookrunners and joint lead arrangers for the facility.

“Aligned’s latest sustainability-linked financing accelerates our goal to set a best-in-class example for the data center industry with respect to environmentally and socially sustainable growth,” states Anubhav Raj, CFO, Aligned. “Sustainable practices and principles permeate every facet of Aligned’s organization; aligning these initiatives with our financing further demonstrates an industry-leading commitment to environmental stewardship.”

“As experts in sustainable finance, ING identified Aligned’s potential early on as a leader committed to solving sustainability challenges associated with data center infrastructure,” adds Pim Rothweiler, Regional Head for Technology, Media & Telecom, ING Americas. “Following the company’s rapid growth over the last few years, ING was able to bring its deep expertise in the sector and sustainable finance to be named the Sustainability Coordinator for this landmark deal, a first of its kind. We look forward to working with Aligned in the future as it continues to meet its sustainability targets.”

The first-of-its-kind facility in the U.S. data center sector provides Aligned with additional capital to accelerate corporate, customer and community-related sustainability initiatives as well as short and long-term growth objectives. Aligned’s sustainability-linked financing is tied to the Company’s core environmental, social and governance (ESG) objectives, and Key Performance Indicators (KPIs), including:

  • Renewable Energy: A commitment to match 100% of Aligned’s annual energy consumption to zero-carbon renewable energy by 2024.
  • Sustainability Reporting: Transparency and continuous improvement across sustainability best practices. This target aligns the Company’s ESG reporting efforts with a leading global standard, maximizing consistency in ESG disclosure for Aligned stakeholders.
  • Workplace Safety: A commitment to having / reporting on an industry-leading Total Recordable Incident Rate (TRIR).

Earlier this year, Aligned elevated its commitment to environmental stewardship and sustainability by matching 100% of the IT loads across its data center portfolio with certified renewable energy. The company was also named a 2020 Green Lease Leader by the Department of Energy’s Better Buildings Alliance and the Institute for Market Transformation. Aligned’s Delta3 cooling technology utilizes up to 80% less energy and 85% less water, significantly reducing environmental impact and allowing customers to Expand on Demand without stranding capacity, which also improves sustainability.

“I couldn’t be prouder of our team’s achievements and operational strength, culminating in an ability to continue championing a slew of firsts for the data center industry,” says Andrew Schaap, CEO, Aligned. “That sentiment is recognized and echoed in this latest and unprecedented round of financing, which provides Aligned the ability to keep expanding our data center portfolio. This includes land acquisition in key U.S. and international regions to address the heightened data center demand of our marquee clients, as well as expediting the expansion of existing data center campuses.”

About Aligned

Aligned is an infrastructure technology company that offers adaptable colocation and build-to-scale solutions to cloud, enterprise, and managed service providers. Our intelligent infrastructure allows densification and vertical growth within the same footprint, enabling customers to scale up without disruption, all while maintaining industry-leading Power Usage Effectiveness (PUE). By reducing the energy, water and space needed to operate, our data center solutions, combined with our patented cooling technology, offer businesses a competitive advantage by improving sustainability, reliability and their bottom line. For more information, visit www.alignedenergy.com/ and connect with us on Twitter, LinkedIn and Facebook.

Press and Analyst Inquiries

Jennifer Handshew

[email protected]
Mobile: +1 (917) 359-8838






Aligned Selected as 2020 Green Lease Leader by the Department of Energy’s Better Buildings Alliance and the Institute for Market Transformation

DALLAS – JUNE 8, 2020 – Aligned, a leading data center provider offering innovative, sustainable and adaptable colocation and build-to-scale solutions for cloud, enterprise, and managed service providers, announces it has been named a 2020 Green Lease Leader by the Institute for Market Transformation (IMT) and the U.S. Department of Energy’s (DOE) Better Buildings Alliance.

Launched in 2014, Green Lease Leaders sets national standards for what constitutes a green lease, while recognizing property owners and their customers who modernize their leases to spur collaborative action on energy efficiency, cost-savings, air quality, and sustainability in buildings.  Aligned has achieved SILVER Recognition for evolving its sustainability standards to implement green leasing practices that drive reduced operating costs, shared energy savings and sustainability benefits across its entire portfolio of adaptive data centers.  To receive this recognition, Aligned qualified for credits in energy efficiency and sustainability best practices such as utility data tracking and sharing, cost recovery for capital improvements and sustainability training.

“We are proud to be named a 2020 Green Lease Leader and help forge the path forward for green lease standards in data centers,” says Andrew Schaap, CEO of Aligned.  “Aligning our business strategy, technologies and infrastructure closely with customers’ sustainability goals and requirements has been at the core of what we do since our inception.  Implementing green lease standards across our portfolio is another way Aligned helps customers improve power usage effectiveness (PUE) and reduce operating costs, while supporting our mission towards a clean energy future.”

Founded on the premise of solving the world’s toughest sustainability challenges associated with data center infrastructure, energy consumption and water usage, Aligned’s commitment to sustainability is woven throughout its corporate fabric. In February, Aligned announced its increased commitment to environmental stewardship and sustainability by matching 100% of the IT loads across its data center portfolio with certified renewable energy. The Company’s proprietary cooling technology, Delta3, utilizes up to 80% less energy and 85% less water to reduce PUE, improve environmental impact and lower the Total Cost of Ownership (TCO) for customers. Delta3 allows customers to Expand on Demand, incrementally scaling in place up to 50 kW per rack without stranding capacity. 

Learn more about Aligned’s Sustainability Program, visit https://www.alignedenergy.com/sustainability.
To learn more about Green Leasing, visit GreenLeaseLeaders.com.

About Aligned

Aligned is an infrastructure technology company that offers adaptable colocation and build-to-scale solutions to cloud, enterprise, and managed service providers. Our intelligent infrastructure allows densification and vertical growth within the same footprint, enabling customers to scale up without disruption, all while maintaining industry-leading Power Usage Effectiveness (PUE). By reducing the energy, water and space needed to operate, our data center solutions, combined with our patented cooling technology, offer businesses a competitive advantage by improving sustainability, reliability and their bottom line. For more information, visit www.alignedenergy.com/ and connect with us on Twitter, LinkedIn and Facebook.

Press and Analyst Inquiries

Jennifer Handshew

[email protected]
Mobile: +1 (917) 359-8838