CAPRE’s Data Center Round Up for October 25, 2019
Check out the latest in deals, development and disruptive technology in the data center industry for October 25, 2019: Aligned Energy Secures Nearly $500 Million Facility to Support Expansion Plans: Aligned Energy has completed a $495 million secured credit facility with investors including Goldman Sachs Bank USA, CPPIB Credit Investments Inc. (CPPIB Credit), a subsidiary of the Canada Pension Plan Investment Board, and a global investment management corporation. The new facility provides Aligned with flexible, lower-cost capital to support its growth objectives, including the development of an expanding data center portfolio and the delivery of adaptable Colocation and Build-to-Scale solutions at scale in Dallas, Phoenix and Salt Lake City. Aligned’s most recent expansions include the completion of phase one of its hyperscale data center campus in Ashburn, VA, bringing an initial 60 MW to the heart of Data Center Alley, as well as an 8 MW expansion of its Dallas-area data center. Hypertec Surpasses Rapid Expansion targets for Montréal Huperscale Data Center Campus: Hypertec will surpass its rapid expansion goals for its Montreal YUL01 hyperscale colocation campus due to its superior design technology and strong customer demand. The two-facility campus once ramped up can supply up to 45MW of critical power load to support a diverse client base of cloud and communication service providers, media and entertainment vendors and studios, public sector agencies, fintech and financial services companies. Since its inception in 2016, the Montreal West Island campus has undergone…
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