Blackstone Credit & Insurance (BXCI) has provided a $600 million senior secured credit facility to support the development of Aligned Data Center’s newest and largest data center just outside Salt Lake City. The senior secured credit facility is committed entirely by insurance accounts managed by BXCI’s Infrastructure & Asset Based Credit Group.

Aligned’s SLC-03 data center is a two-story, 80 MW build-to suit project on its hyperscale campus in West Jordan, Utah, which now houses three facilities. This is the company’s fourth hyperscale data center in the Salt Lake City metro area. 

Robert Horn, Global Head of Infrastructure & Asset Based Credit at BXCI, said, “We are thrilled to partner with Aligned and this partnership highlights our ability to support large-scale digital infrastructure build-out with flexible and efficient financing solutions.” 

Founded in 2013, Aligned has centers in 13 localities in six countries.