Leveraging the strengths and relationships of the Macquarie network
Through Macquarie’s long-standing financing relationships, Aligned Data Centers was able to strengthen the capital position of the company, allowing for more rapid investments into data centres, and a quicker response to customer demands to scale up sustainability measures.
In addition, Aligned Data Centers is actively working with its customer base, some of the largest IT companies and Cloud companies globally, to provide a greener energy solution. This investment unlocks partnership opportunities for Aligned Data Centers with other areas in Macquarie Group to collocate solar and other renewable energy deployments.
In May 2020, Aligned Data Centers announced an increase of its secured credit facility to $US575 million as the company experienced continuous and consistently strong customer demand for its adaptive infrastructure solutions. This was followed by the completion of a $US1 billion senior secured credit facility in September 2020, the first U.S. data centre sustainability-linked financing. Aligned has also successfully increased its sustainability linked loan subsequent to 2020.
To date, sustainability linked practices have been influential factors in selling capacity to customers at attractive pricing. Value contributions include more capacity, lower operating costs, and a better GHG footprint.