Gip

BlackRock's Global Infrastructure Partners (GIP) has been actively involved in significant transactions within the data center sector. Notably, GIP, alongside partners, has completed a substantial $40 billion acquisition of Aligned Data Centers, representing a major move in the industry. This acquisition underscores a strategic focus on expanding its footprint and influence in the rapidly growing data center market.

Further demonstrating its strategic initiatives, GIP has launched a data center joint venture named Coravel, in collaboration with ACS. This new venture has appointed a new leader and has already secured its first customer in Texas. This development indicates a move towards operationalizing its investments and establishing a direct presence in key markets.

These recent activities highlight GIP's intensifying engagement in the data center infrastructure space. The company is not only participating in large-scale acquisitions but also establishing dedicated ventures to manage and grow its assets. This dual approach suggests a strategy aimed at both consolidating market share through major deals and fostering growth through specialized operational entities.

Last updated July 26, 2026

Coverage

BlackRock's units are issuing $12.3 billion in senior secured notes for Meta's El Paso campus, aiming for a one-gigawatt target by 2028.
MGX, AIP, and BlackRock’s GIP have finalized the $40 billion acquisition of Aligned Data Centers, marking the largest transaction in the data center industry to date.
BlackRock's GIP and ACS have launched their data center joint venture named Coravel, appointing former DXC president Howard Boville as its leader and securing a customer in Texas.