Data Center Credit Facility Boosts Aligned Expansion

Data center credit facility expands Aligned Data Centers’ capacity to support AI and HPC, backed by US institutional investors.

March 27, 2026

Jordan B.

Aligned Data Centers secures a $2.58B data center credit facility to expand its US portfolio.
The revolving credit line is backed by insurance and pension fund investors and covers six assets.
The facility supports late-stage development and flexible financing for AI, cloud, and HPC workloads.
New capital structure diversifies funding and preserves equity as demand for digital infrastructure grows.

Key Takeaways

Institutional Backing for Data Center Growth

According to Data Centre Magazine, Aligned Data Centers finalized a $2.58B data center credit facility, advancing its US growth strategy. The company structured the revolving credit arrangement, called the Devco Facility, to support expansion.

Institutional investors, including insurance firms and pension funds, back the facility. Aligned Data Centers also secured the credit line using six US data center assets as collateral, spanning both operational and development-stage properties.

Flexible Funding Structure

The Devco Facility’s initial three-year term, with extension options, is designed to provide flexible financing for late-stage projects. This enables Aligned Data Centers to bring new capacity online for AI, cloud, and HPC workloads without relying solely on traditional lending.

CEO Andrew Schaap says the facility unlocks additional borrowing power and signals strong investor confidence in the company’s model. He adds that the structure diversifies capital sources and strengthens the balance sheet for continued growth. This approach mirrors how large real estate firms are increasingly securing sizable credit lines. They’re doing this to maintain liquidity and fund expansion during uncertain conditions.

Meeting Rising Infrastructure Demand

The demand for data center credit facility arrangements is surging as digital platforms, AI, and cloud computing require high-density infrastructure. Meghan Baivier, CFO of Aligned Data Centers, emphasizes the Devco Facility’s role in giving the company enhanced agility to meet market needs and sustain growth. The structure allows borrowing capacity to expand as new assets come online, aligning funding strategies directly with growth trajectories.

This approach ensures that Aligned Data Centers can deliver new facilities quickly and remain responsive to rapid shifts in digital infrastructure demand.