Aligned Expands Presence in Salt Lake Metro Area With New Waterless Build-to-Scale Data Center

WEST JORDAN, UTAH – 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 its continuing expansion in the Salt Lake Metro Area with the development of the Company’s new data center campus. Aligned acquired the new multi-megawatt site for its latest waterless Build-to-Scale development. The expansion further supports its geo-redundant growth in the region, following the Q1 2021 launch of its second Salt Lake Metro data center, SLC-02, and in advance of a third master-planned facility on its West Jordan, Utah, campus.  The project is forecasted to meet an aggressive six-month construction timeline, with completion projected in December of 2021.

“Our latest Salt Lake data center is an example of Aligned’s ability to provide agile Build-to-Scale solutions focused on driving optionality, reducing added cost and risk, and enabling industry-leading construction timelines and quality,” says Andrew Schaap, CEO of Aligned.  “In addition to speed and scale, the development also satisfies our customer’s requirement for water conservation, while still delivering industry-leading Power Usage Effectiveness (PUE). Combined with our ultra-efficient Delta³ cooling technology, Utah’s cold desert climate enables us to deliver a waterless data center solution.”

Aligned SLC-04 combines the Company’s patented and award-winning Delta³™ cooling technology with a state-of-the-art waterless heat rejection system. This technology delivers meaningful efficiency enhancements across rising rack densities and next-generation workloads for maximum flexibility and adaptability, regardless of altitude or geographical climate zone. Aligned’s Delta³ cooling systems also allows customers to Expand on Demand™, incrementally scaling in place up to 50 kW per rack without stranding capacity.

Aligned’s build-to-suit solutions, known as Build-to-Scale, are delivered at an unprecedented speed and built for optimum scale to solve the complex needs of today’s large enterprises and hyperscalers.  From campuses to custom data center deployments, Aligned can complete a Build-to-Scale project in any location, preemptively evaluating sites across multiple facets in multiple markets to minimize development timeframes. Aligned’s vendor-managed inventory (VMI), a key aspect of its advanced supply chain methodology, also mitigates inventory constraints and logistical challenges, ensuring the Company’s prefabricated, factory-built and tested power and cooling equipment is always ready for immediate deployment.

 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 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