Aligned Data Centers announced today it has closed a $2.58 billion credit facility aimed at accelerating the expansion of its U.S. data center portfolio, as demand for AI, cloud, and high-performance computing infrastructure continues to surge.
The Dallas-based company, which provides gigascale, build-to-scale, and multi-tenant data center solutions, said the new revolving credit facility will support the rapid buildout of infrastructure serving hyperscale, neocloud, and enterprise customers.
The facility is backed by institutional capital, including insurance companies and pension funds, and is secured by an initial pool of six high-performing assets within Aligned’s U.S. portfolio. It carries an initial three-year term with two one-year extension options.
Aligned said the structure is designed specifically to finance later-stage development assets while enabling capital treatment aligned with investment-grade standards for insurers. The company noted that this approach allows it to tap institutional capital markets more efficiently while preserving equity and optimizing its capital structure.
As part of its long-term strategy, Aligned expects to expand the borrowing capacity of the facility over time as its development pipeline grows, further strengthening its ability to deliver large-scale, next-generation data centers.
The announcement highlights the broader trend of massive capital inflows into AI infrastructure, where operators are increasingly relying on debt markets to fund expansion while maintaining flexibility and balance sheet efficiency.
KEY QUOTES:
“This innovative Devco Facility unlocks substantial additional borrowing capacity, serving as a powerful catalyst to drive Aligned’s continued growth. At Aligned, we are deeply focused on cultivating strong partnerships that are enduring in nature. We are incredibly excited to continue our relationship with the institutional lending community as we look to grow in the future. This structure represents a completely new tool in our toolkit, giving us enhanced flexibility as we scale our operations to meet growing customer demand. The strong response from the lending community and our ability to successfully establish this debt facility reflects the fundamental strength of our business and the market’s belief in our continued trajectory.”
Meghan Baivier, Chief Financial Officer, Aligned Data Centers
