NZ Herald
  • Home
  • Latest news
  • Herald NOW
  • Video
  • New Zealand
  • Sport
  • World
  • Business
  • Entertainment
  • Podcasts
  • Quizzes
  • Opinion
  • Lifestyle
  • Travel
  • Viva
  • Weather

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • New Zealand
    • All New Zealand
    • Crime
    • Politics
    • Education
    • Open Justice
    • Scam Update
    • The Great NZ Road Trip
  • Herald NOW
  • On The Up
  • World
    • All World
    • Australia
    • Asia
    • UK
    • United States
    • Middle East
    • Europe
    • Pacific
  • Business
    • All Business
    • MarketsSharesCurrencyCommoditiesStock TakesCrypto
    • Markets with Madison
    • Media Insider
    • Business analysis
    • Personal financeKiwiSaverInterest ratesTaxInvestment
    • EconomyInflationGDPOfficial cash rateEmployment
    • Small business
    • Business reportsMood of the BoardroomProject AucklandSustainable business and financeCapital markets reportAgribusiness reportInfrastructure reportDynamic business
    • Deloitte Top 200 Awards
    • Deloitte Fast 50
    • Generate wealth weekly
    • CompaniesAged CareAgribusinessAirlinesBanking and financeConstructionEnergyFreight and logisticsHealthcareManufacturingMedia and MarketingRetailTelecommunicationsTourism
  • Opinion
    • All Opinion
    • Analysis
    • Editorials
    • Business analysis
    • Premium opinion
    • Letters to the editor
  • Politics
  • Sport
    • All Sport
    • OlympicsParalympics
    • RugbySuper RugbyNPCAll BlacksBlack FernsRugby sevensSchool rugby
    • CricketBlack CapsWhite Ferns
    • Racing
    • NetballSilver Ferns
    • LeagueWarriorsNRL
    • FootballWellington PhoenixAuckland FCAll WhitesFootball FernsEnglish Premier League
    • GolfNZ Open
    • MotorsportFormula 1
    • Boxing
    • UFC
    • BasketballNBABreakersTall BlacksTall Ferns
    • Tennis
    • Cycling
    • Athletics
    • SailingAmerica's CupSailGP
    • Rowing
  • Lifestyle
    • All Lifestyle
    • Viva - Food, fashion & beauty
    • Society Insider
    • Royals
    • Sex & relationships
    • Food & drinkRecipesRecipe collectionsRestaurant reviewsRestaurant bookings
    • Health & wellbeing
    • Fashion & beauty
    • Pets & animals
    • The Selection - Shop the trendsShop fashionShop beautyShop entertainmentShop giftsShop home & living
    • Milford's Investing Place
  • Entertainment
    • All Entertainment
    • TV
    • MoviesMovie reviews
    • MusicMusic reviews
    • BooksBook reviews
    • Culture
    • ReviewsBook reviewsMovie reviewsMusic reviewsRestaurant reviews
  • Travel
    • All Travel
    • News
    • New ZealandNorthlandAucklandWellingtonCanterburyOtago / QueenstownNelson-TasmanBest NZ beaches
    • International travelAustraliaPacific IslandsEuropeUKUSAAfricaAsia
    • Rail holidays
    • Cruise holidays
    • Ski holidays
    • Luxury travel
    • Adventure travel
  • Kāhu Māori news
  • Environment
    • All Environment
    • Our Green Future
  • Talanoa Pacific news
  • Property
    • All Property
    • Property Insider
    • Interest rates tracker
    • Residential property listings
    • Commercial property listings
  • Health
  • Technology
    • All Technology
    • AI
    • Social media
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology
    • Opinion
    • Audio & podcasts
  • Weather forecasts
    • All Weather forecasts
    • Kaitaia
    • Whangārei
    • Dargaville
    • Auckland
    • Thames
    • Tauranga
    • Hamilton
    • Whakatāne
    • Rotorua
    • Tokoroa
    • Te Kuiti
    • Taumaranui
    • Taupō
    • Gisborne
    • New Plymouth
    • Napier
    • Hastings
    • Dannevirke
    • Whanganui
    • Palmerston North
    • Levin
    • Paraparaumu
    • Masterton
    • Wellington
    • Motueka
    • Nelson
    • Blenheim
    • Westport
    • Reefton
    • Kaikōura
    • Greymouth
    • Hokitika
    • Christchurch
    • Ashburton
    • Timaru
    • Wānaka
    • Oamaru
    • Queenstown
    • Dunedin
    • Gore
    • Invercargill
  • Meet the journalists
  • Promotions & competitions
  • OneRoof property listings
  • Driven car news

Puzzles & Quizzes

  • Puzzles
    • All Puzzles
    • Sudoku
    • Code Cracker
    • Crosswords
    • Cryptic crossword
    • Wordsearch
  • Quizzes
    • All Quizzes
    • Morning quiz
    • Afternoon quiz
    • Sports quiz

Regions

  • Northland
    • All Northland
    • Far North
    • Kaitaia
    • Kerikeri
    • Kaikohe
    • Bay of Islands
    • Whangarei
    • Dargaville
    • Kaipara
    • Mangawhai
  • Auckland
  • Waikato
    • All Waikato
    • Hamilton
    • Coromandel & Hauraki
    • Matamata & Piako
    • Cambridge
    • Te Awamutu
    • Tokoroa & South Waikato
    • Taupō & Tūrangi
  • Bay of Plenty
    • All Bay of Plenty
    • Katikati
    • Tauranga
    • Mount Maunganui
    • Pāpāmoa
    • Te Puke
    • Whakatāne
  • Rotorua
  • Hawke's Bay
    • All Hawke's Bay
    • Napier
    • Hastings
    • Havelock North
    • Central Hawke's Bay
    • Wairoa
  • Taranaki
    • All Taranaki
    • Stratford
    • New Plymouth
    • Hāwera
  • Manawatū - Whanganui
    • All Manawatū - Whanganui
    • Whanganui
    • Palmerston North
    • Manawatū
    • Tararua
    • Horowhenua
  • Wellington
    • All Wellington
    • Kapiti
    • Wairarapa
    • Upper Hutt
    • Lower Hutt
  • Nelson & Tasman
    • All Nelson & Tasman
    • Motueka
    • Nelson
    • Tasman
  • Marlborough
  • West Coast
  • Canterbury
    • All Canterbury
    • Kaikōura
    • Christchurch
    • Ashburton
    • Timaru
  • Otago
    • All Otago
    • Oamaru
    • Dunedin
    • Balclutha
    • Alexandra
    • Queenstown
    • Wanaka
  • Southland
    • All Southland
    • Invercargill
    • Gore
    • Stewart Island
  • Gisborne

Media

  • Video
    • All Video
    • NZ news video
    • Herald NOW
    • Business news video
    • Politics news video
    • Sport video
    • World news video
    • Lifestyle video
    • Entertainment video
    • Travel video
    • Markets with Madison
    • Kea Kids news
  • Podcasts
    • All Podcasts
    • The Front Page
    • On the Tiles
    • Ask me Anything
    • The Little Things
  • Cartoons
  • Photo galleries
  • Today's Paper - E-editions
  • Photo sales
  • Classifieds

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In

Advertisement
Advertise with NZME.
Home / Business

Nvidia-backed consortium buys AI data centre firm from Macquarie for $69.9b

AFP
15 Oct, 2025 07:26 PM2 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save
    Share this article
A consortium led by BlackRock, including Nvidia and Microsoft, will acquire Aligned Data Centres for US$40 billion ($69.9b). Photo / Getty Images

A consortium led by BlackRock, including Nvidia and Microsoft, will acquire Aligned Data Centres for US$40 billion ($69.9b). Photo / Getty Images

A consortium led by asset manager BlackRock, including chip giant Nvidia and Microsoft, is set to acquire data centre specialist Aligned Data Centres from Australian financial services group Macquarie for approximately US$40 billion ($69.9b).

The deal marks another sign of the tech sector’s insatiable appetite for AI infrastructure, including chips, servers, and data centres that provide the computing storage and processing power required by artificial intelligence.

And it comes on the heels of Macquarie’s A$23b deal to sell Australian and Asia Pacific data centre operator AirTrunk to Blackstone for A$23.5b and the rise and rise in valuation of Canberra Data Centres, half-owned by NZX-listed Infratil. On October 7, Infratil said the latest 2025 independent valuation of CDC showed an increase of A$77 million since June 30 to A$13.6b, making its 49.72% stake worth a new high of A$6.8b.

Founded in 2013, Aligned currently operates more than 50 data centres across the United States, Mexico, Brazil, Chile, and Colombia, with a projected capacity exceeding 5 gigawatts.

Macquarie initially acquired a stake in the Texas-based company in 2018 through its subsidiary Macquarie Asset Management and subsequently increased its investment in 2020.

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

The acquiring consortium consists of BlackRock, Emirati sovereign tech fund MGX, and the Artificial Intelligence Infrastructure Partnership (AIP), a joint venture established by BlackRock in 2024 that includes BlackRock, MGX, Nvidia, and Microsoft.

AIP plans to raise US$30b in direct investments and leverage debt to achieve a total investment capacity of US$100b.

The partners have not disclosed how equity will be distributed among Aligned’s new shareholders following the transaction’s completion, expected in the first half of 2026.

Advertisement
Advertise with NZME.

“We are entering a new era in which AI will fundamentally re-engineer our economies and enable accelerated growth,” said Ahmed Yahia Al Idrissi, CEO of MGX and vice-chairman of AIP, in a press release.

BlackRock CEO and AIP chairman Larry Fink said the acquisition enabled its clients to participate in the growth of AI.

-Agence France-Presse with Herald staff

Discover more

Telecommunications

Spark sells 75% of its data centre business to Australian firm in deal worth up to $584m

11 Aug 09:31 PM
Business

2024 financials: Microsoft opens giant data centre in NZ, owned by an Irish subsidiary: Where it is and what it cost

11 Dec 06:57 PM
Business

Inside Nvidia's bold $170b bet to power the future of AI

22 Sep 06:53 PM
Business

AI healthcare firm Heidi raises US$65m on the heels of huge NZ doctor pilot

06 Oct 03:00 AM
Save
    Share this article

Latest from Business

Premium
OpinionHeather du Plessis-Allan

Heather du Plessis-Allan: Finally the Paris Climate Agreement charade is as good as over

06 Dec 04:00 PM
Premium
OpinionLiam Dann

Liam Dann: Why a Swedish central banker matters more than Ikea’s meatballs

06 Dec 04:00 PM
Premium
Media Insider

Tudum! Netflix to acquire Warner Bros for $125b – what it might mean for Sky TV, Kiwi viewers

06 Dec 02:26 AM

Sponsored

Small stops, big rewards at Z Energy

03 Dec 11:00 AM
Advertisement
Advertise with NZME.

Latest from Business

Premium
Premium
Heather du Plessis-Allan: Finally the Paris Climate Agreement charade is as good as over
Heather du Plessis-Allan
OpinionHeather du Plessis-Allan

Heather du Plessis-Allan: Finally the Paris Climate Agreement charade is as good as over

OPINION: Nicola Willis has signalled New Zealand will not spend $23b overseas on trees.

06 Dec 04:00 PM
Premium
Premium
Liam Dann: Why a Swedish central banker matters more than Ikea’s meatballs
Liam Dann
OpinionLiam Dann

Liam Dann: Why a Swedish central banker matters more than Ikea’s meatballs

06 Dec 04:00 PM
Premium
Premium
Tudum! Netflix to acquire Warner Bros for $125b – what it might mean for Sky TV, Kiwi viewers
Media Insider

Tudum! Netflix to acquire Warner Bros for $125b – what it might mean for Sky TV, Kiwi viewers

06 Dec 02:26 AM


Small stops, big rewards at Z Energy
Sponsored

Small stops, big rewards at Z Energy

03 Dec 11:00 AM
NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • NZ Herald e-editions
  • Daily puzzles & quizzes
  • Manage your digital subscription
  • Manage your print subscription
  • Subscribe to the NZ Herald newspaper
  • Subscribe to Herald Premium
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP