Real asset manager CenterSquare Investment Management is investing in Aligned Data Centers, a data centre developer in the Americas majority-owned by Macquarie Asset Management funds.

CenterSquare said it has made the equity investment in Aligned to help fuel the data centre firm’s growth plan.

Financial details were undisclosed.

Chad Burkhardt, managing director of strategic capital at CenterSquare investment management, said: “We look forward to partnering with Aligned, a well-regarded operator and developer of data centres, satisfying the robust demand being driven by the escalating adoption of cloud technology and the burgeoning AI wave.”

Andrew Schaap, CEO of Aligned Data Centers, said: “CenterSquare’s investment is a tremendous validation of our vision and growth strategy. The investment further propels Aligned’s expansion, enabling the development of next-generation data centre infrastructure to support the surge of AI and hyperscale computing.”

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