Aligned Data Centers has snagged a $600 million credit facility from Blackstone Credit & Insurance to power its newest and largest data center.
Aligned Data Centers is looking to the credit facility to support the development of a massive hyperscale campus in Utah.
Aligned Data Centers already has two large buildings in Plano. It filed plans to add to the campus earlier this year.The money will go toward development of Aligned’s newest and largest data center, a two-story, 80-megawatt hyperscale campus in West Jordan, Utah. The build-to-suit project will house three facilities.Blackstone Credit & Insurance is the combination of Blackstone’s two fastest-growing segments, which were integrated last year.
Data center space has been in short supply across the country with a development boom expected to hit in the years to come, andMore than 800,000 square feet of data center space is currently under construction in the region, with a reported development pipeline of more than 2.6 million square feet.With a large pipeline of projects, Leeward Renewable Energy is getting its Dallas headquarters office just right to ready itself for growth.
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