“Aligned is the first data center provider we have seen to architect itself from day one to deliver a more reliable platform.
From its use of the most reliable cooling platform we have ever evaluated, to its selection of generation platforms, they are the first provider to focus on reliability centered improvements from design through operations.”
STEVE FAIRFAX, MTECHNOLOGY
Data flows through almost everything we do, from powering our smartphones to streaming our favorite shows to networking businesses around the world - and its use is increasing exponentially.
Big companies doing big things. That was the theme for September at Data Center Frontier. Reader favorites for the month included Google going even greener, Microsoft making servers last longer (by deploying them underwater), Facebook building bigger than ever, Amazon refining its edge strategy, and Equinix repositioning its brand.
The data center sector has evolved substantially over the last few years with both hyperscale demand and the influence of infrastructure funds changing historical patterns, and this year’s COVID-19 pandemic has added yet more to the mix.
Three Operators Raise $2.35 Billion as Demand for Internet Use Surges
Aligned Energy completed a $1b credit facility from a number of lenders.
Aligned has announced the completion of a $1 billion senior secured credit facility that is the first US data center sustainability-linked financing.
Aligned had the its best quarter ever in the middle of COVID-19 by one key metric
Aligned Closes on $1B Credit Facility, the ‘First-Ever U.S. Data Center Sustainability-Linked Financing’
It's one of the largest private debt raises in data center history, according to the company. With expansion plans and accelerated sustainability initiatives, Aligned's leadership says the company will champion "a slew of firsts" in the data center industry.
Data centre provider Aligned has announced the completion of a US$1 billion senior secured credit facility that is the first US data centre sustainability-linked financing.
Aligned completed a $1 billion senior secured credit facility — the first U.S. data center sustainability-linked financing.
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.
One goal: 100% renewable energy consumption by 2024.
The terms of the hyperscale credit facility are pegged to the company’s performance with respect to sustainability metrics.
Dallas-based data center provider Aligned said Wednesday it had completed a $1-billion senior secured credit facility that’s reportedly the first U.S. data center sustainability-linked financing. The facility is reportedly also one of the largest private debt raises in data center history.
Aligned completed a $1 billion senior secured credit facility that is the first U.S. data center sustainability-linked financing.
Developer Aligned Energy, which specializes in building large data centers and leasing them to the biggest data center users on a wholesale basis, has secured $1 billion in “sustainability-linked” debt financing.
Data center providers are used to discussing the sustainability requirements for their customers. Now there are similar conversations happening with their lenders.
The debt raise consists of a $650 million term loan, a $100 million delayed draw term loan, and a $250 million revolving credit facility. The new funding will be used for both sustainability initiatives and general expansion for the wholesale colocation provider.