Global Infrastructure Partners Data Center Capex and Sites
GIP's data center franchise predates the BlackRock acquisition: with KKR it completed the roughly $15 billion CyrusOne take-private in March 2022 when it managed over $81 billion. Post-acquisition GIP AUM exceeds $200 billion, and GIP led the $40 billion Aligned acquisition (about $21 billion of equity) alongside AIP and MGX. It remains CyrusOne's co-owner, including in the $1.05 billion CMBS financing on a Dallas-area asset.
Reported and guided spending
Audited, reported and guided figures as the filing or release states them. Reported lines are what was spent; guidance is what management said it expects. They are shown side by side and never combined.
| Period | Kind | Amount | As stated | Sources |
|---|---|---|---|---|
| post-BlackRock | aum | ≥$200B | GIP AUM exceeds $200 billion; over $81 billion at the CyrusOne close |
Where Global Infrastructure Partners (as a distinct platform) builds
Financing transactions
Transactions that name Global Infrastructure Partners (as a distinct platform) as a party or attach to one of its named sites. Amounts are as stated; overlapping commitments are never summed.
| Parties | Instrument | Amount | Date | Site | Sources |
|---|---|---|---|---|---|
Meta Platforms, Inc. Meta sold $25.0 billion of senior unsecured notes in six tranches maturing from 2031 to 2066, for general corporate purposes. It is Meta's only SEC-registered note offering found in 2026 to date. |
senior notes | $25.0B | Backfill (not previously recorded). Preliminary supplement filed 30 April 2026; final prospectus supplement filed 1 May 2026; settlement on or about 4 May 2026 | n.a. | |
KKR + GIP + CyrusOne + Global Infrastructure Partners KKR and GIP completed the acquisition of CyrusOne when GIP AUM was over $81 billion. |
acquisition | ~$15.0B | completed March 25, 2022 | n.a. | |
AES Corporation + Global Infrastructure Partners (BlackRock) + EQT Infrastructure + CalPERS + Qatar Investment Authority A consortium led by BlackRock's Global Infrastructure Partners and EQT, with CalPERS and the Qatar Investment Authority, received CFIUS clearance to acquire AES, parent of AES Ohio, with closing expected in late 2026 or early 2027 subject to remaining approvals. Ohio lawmakers and consumer advocates asked PUCO for local hearings, citing BlackRock's data center investments as a potential conflict given AES's data-center-driven load growth. |
Take-private acquisition at $15 per share in cash | ~$10.7B | Agreed March 2026; PUCO staff recommended approval July 2026; CFIUS approval received Thursday 27 August 2026 and disclosed 28 August 2026 | n.a. | |
Riot Platforms + Undisclosed frontier AI lab Riot signed a 20-year data center lease (through June 2048) with a leading frontier AI lab for 191 MW of critical IT capacity at its Rockdale campus. Delivery of 96 MW is expected by December 2027 and the full 191 MW by June 2028. Riot also disclosed a non-binding letter of intent for a proposed lease at its Corsicana facility. Bloomberg reported on 11 August 2026, citing people familiar with the matter, that the frontier AI lab tenant is Anthropic; Riot will build to the tenant's specifications and provide the building, power, cooling and operations while Anthropic supplies its own servers and chips. Riot has not named the tenant. |
lease | ~$9.1B | Executed after 30 June 2026; announced 10 August 2026 | Rockdale campus AI data center (TX) | |
CleanSpark + Anviran, LLC (Meta subsidiary) + Meta Platforms (guarantor) CleanSpark signed a 20-year triple-net lease for 175 MW of critical IT load at Sandersville, Georgia, with deliveries expected to begin in Q4 2027. The tenant also executed a letter of intent and exclusivity arrangement covering CleanSpark's Texas portfolio of 718 acres and up to 885 MW. CleanSpark estimated landlord project costs of $10 million to $12 million per MW On 17 September 2026 CleanSpark disclosed the tenant as Anviran, LLC, a wholly owned subsidiary of Meta, with Meta guaranteeing rent and operating expenses. The investor presentation shows development cost of about $11.9 million per IT MW, rent commencing 30 November 2027 and about $330 million of average annual NOI, and CleanSpark proposed a $2.227 billion senior secured notes offering to fund the remaining Sandersville build. The 17 September 2026 investor presentation states a 3.0% annual rent escalator, rent commencement on 30 November 2027 and one 12-month option in addition to the two five-year extensions |
lease | ≥$6.6B | Announced 14 July 2026 | CleanSpark Sandersville data center (GA) | |
Aligned Data Centers + AI Infrastructure Partnership + MGX + Global Infrastructure Partners After closing the $40 billion acquisition of Aligned from Macquarie Asset Management, the AIP, MGX and GIP consortium plans to invest $5 billion in the company, primarily to expand capacity. Aligned has more than 6.4 GW of operational and planned capacity across the Americas, according to the report |
equity raise | ~$5.0B | Reported by Bloomberg 21 July 2026, via The Real Deal | n.a. | |
Riot Platforms + Riot DC Logistics, LLC + Morgan Stanley Senior Funding, Inc. Riot subsidiary Riot DC Logistics, LLC entered a $573.0 million senior secured delayed-draw term loan with Morgan Stanley Senior Funding as administrative agent to fund long-lead equipment for the 191 MW Rockdale data center. The loan is secured by substantially all assets of the credit parties with no recourse to Riot Platforms. Riot described it as interim financing while an investment-grade credit backstop is finalized |
debt facility | $573M | Credit agreement dated 10 August 2026 | Rockdale campus AI data center (TX) | |
Riot Platforms + GMO + Whinstone and its parent, GMO Internet Group, Inc., (collectively, “GMO”) filed a complaint against Whinstone alleging breach of a colocation services agreement between GMO and Whinstone, which has since been terminated, seeking damages in excess of $ 150.0 million for lost profit and profit sharing payments GMO alleges it was owed from Whinstone. |
other | $150M | Filed Aug 10, 2026 | n.a. | |
Riot Platforms + Advanced Micro Devices (AMD) Riot Platforms announced on 16 January 2026 the fee simple acquisition of the 200 acres in Milam County, Texas, on which it had operated under a ground lease, for total consideration of $96.0 million funded by selling about 1,080 bitcoin. It also signed a Data Center Lease and Services Agreement with AMD at Rockdale for an initial 25 MW of critical IT load delivered in phases from January to May 2026, with potential expansion to 200 MW. The Rockdale site has a 700 MW grid interconnection, and Riot cites 1.7 GW of approved power across Rockdale and Corsicana. |
acquisition | ~$96M | Announced 16 January 2026 (Riot release, Form 8-K Exhibit 99.1) | Rockdale campus AI data center (TX) | |
BlackRock + Global Infrastructure Partners Created a combined infrastructure platform with approximately $170 billion of client AUM, around 600 employees and more than 300 investments. |
acquisition | n.a. | completed October 1, 2024 | n.a. | |
CyrusOne + KKR + Global Infrastructure Partners + Goldman Sachs + Morgan Stanley KKR and GIP are preparing a possible U.S. IPO of CyrusOne as early as 2027 and have met banks including Goldman Sachs and Morgan Stanley. Plans are at an early stage |
other | n.a. | Reported by Private Equity Wire 11 August 2026 | n.a. | |
ACS Group + Global Infrastructure Partners + BlackRock + Coravel ACS and GIP launched Coravel as a 50-50 data center platform with a 1.7 GW development portfolio (1.2 GW IT) across Europe, the United States and Australia. Its first long-term hyperscaler agreement covers about 140 MW across three facilities on a Dallas-Fort Worth campus, with rights to about 100 MW more and service dates through 2028 |
jv | n.a. | Announced 15 July 2026 | Coravel Dallas-Fort Worth campus (TX) | |
Meta Platforms + Apex Clean Energy Apex Clean Energy announced a power purchase agreement giving Meta exclusive rights to all environmental attributes associated with energy from the 144 MW Starling Solar project in Gonzales County, Texas, including all renewable energy credits. Apex said the project adds new generation to the ERCOT grid that would not have been built without Meta's commitment. It is the seventh transaction between the two companies, whose combined portfolio totals about 1,200 MW across Texas, Virginia, Illinois, Kansas and Iowa. Commercial operation is expected in 2027. |
ppa | n.a. | Announced 16 September 2026 (Apex Clean Energy release); reported by trade press through 23 September 2026 | n.a. |
Sourced facts on Global Infrastructure Partners (as a distinct platform)
- Aligned's North American footprint under GIP ownership spans Northern Virginia, Chicago, Dallas, Ohio, Phoenix and Salt Lake City.
- GIP is identified as CyrusOne's co-owner in the $1.05 billion CMBS financing.
Sources for Global Infrastructure Partners (as a distinct platform)
Every source cited on this page, once each. The full atlas source register is at Capital Atlas sources.
- sec.govMeta final prospectus supplement, Form 424(b)(2) (SEC)
- global-infra.comGlobal Infrastructure Partners
- reuters.comReuters
- wsj.comWall Street Journal
- msn.comSeeking Alpha via MSN
- msn.comThe Plain Dealer via MSN
- msn.comThe Cool Down via MSN
- riotplatforms.comRiot Platforms
- stocktitan.netStock Titan (Riot 8-K)
- the-decoder.comThe Decoder citing Bloomberg, 11 August 2026
- investors.cleanspark.comCleanSpark
- sec.govSEC Form 8-K Exhibit 99.1 (CleanSpark Sandersville investor presentation)
- sec.govSEC Form 8-K Exhibit 99.2 (CleanSpark)
- 247wallst.com24/7 Wall St.
- therealdeal.comThe Real Deal
- dmagazine.comD Magazine
- sec.govSEC EDGAR (Riot Platforms 8-K)
- sec.govSEC EDGAR 10-Q
- sec.govRiot Platforms release (Form 8-K Exhibit 99.1), 16 January 2026
- blackrock.comBlackRock
- privateequitywire.co.ukPrivate Equity Wire
- msn.comReuters (via MSN)
- finance.yahoo.comYahoo Finance
- apexcleanenergy.comApex Clean Energy release, 16 September 2026
- powermag.comPOWER Magazine (press release)
- aligneddc.comAligned
- kirkland.comKirkland & Ellis
Private equity and infrastructure: one page each
The figure beside each provider is its count of named sites in the atlas.
Seven references, one system
Capital, delay, policy, water, grid, permits and scarcity are one system seen from seven sides. Each reference is primary-sourced, refreshed on a schedule, and links into the others, so a project can be followed from the money committed to the docket that stopped it.