7 Hrs
Source:
Sky News
MGX and BlackRock buy Allyend Data
MGX (Meta Genetics Exchange) and the AI Infrastructure Partnership, in collaboration with BlackRock, announced the completion of their acquisition of Alliant Data Centers' entire share capital, with a total estimated value of approximately $40 billion. This transaction ranks among the largest private investments in digital infrastructure worldwide. Alliant Data Centers is one of the largest and fastest-growing developers of data center facilities, comprising 51 data center complexes with a combined operational capacity exceeding 6.4 gigawatts. The company employs innovative cooling technologies that help reduce water consumption and improve energy efficiency. Operations will continue from its headquarters in Dallas, led by CEO Andrew Shapp, supported by a global alliance of experts in computing, infrastructure, and energy. The aim of this deal is to strengthen technological leadership in the United States, support the development of a sustainable and advanced digital infrastructure designed to meet high-density computing needs, generate jobs, and foster local expertise development. It also seeks to revitalize industrial sites, with plans to finance investments of up to $100 billion.
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