“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
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.
Listen: Street Talk Episode 68 – As many investors zig away from bank stocks, 2 vets in the space zag toward them
While many investors have soured on bank stocks, Johnny Guerry, former managing partner and portfolio manager at Clover Partners, and Brad Rinschler, former director of institutional equities at Boenning & Scattergood, are launching a new fund to capitalize on the group's underperformance.
The key to success for a data center provider is to strategically align itself with the customer’s goals at the outset, whether those objectives involve scale, densification, sustainability, speed-to-market, or capacity planning for a future that is all but certain to see rising demand.
Each year, more than 200,000 military service members transition into the civilian workforce, presenting a ready source of talent available to a data center industry that all too often struggles to recruit and retain sufficient qualified staff.
Even before the pandemic strained our bandwidth capacity and thrust businesses into digital transformation virtually overnight, surging demand for public cloud services, soaring growth in social media and other related digitally-driven phenomena called for hyperscale and cloud provider expansion to keep up with) demand.
Published by: Phill Lawson-Shanks, Chief Innovation Officer & Sustainability Committee Chair, AlignedAs many in the data center sector are aware, it takes an enormous amount of energy to power and cool a data center. To offset carbon emissions, mitigate global...
As local and national economies begin to reemerge from the global health crisis and we look back on the historic acceleration of telework, distance learning, and the digitalization of business and government, it’s now clear that we have been afforded a glimpse into the future.
Aligned CIO, Phill Lawson-Shanks, recently joined Google, Microsoft and Yondr on the “Building for Hyperscale - Thoughts from the Frontline” panel at DCD Scale, where he discussed how Aligned delivers hyperscale-grade infrastructure with safety, speed, culture and quality in mind.