Aligned Energy Secures $375 Million
San Diego – October 9, 2018 – Cooley advised Aligned Energy on its $375 million secured credit facility with Goldman Sachs. The loan, inclusive of extension options, matures October 2023. Partner Samantha LaPine headed the Cooley team advising the company.
According to Aligned Energy, the financing provides lower-cost capital to support its substantial near- and long-term development objectives.
“The significant funding with Goldman Sachs positions us to aggressively address the exponential growth and strong demand we’re seeing in the industry,” said Andrew Schapp, CEO of Aligned Energy, in a news release.
Aligned Energy is an infrastructure technology company that offers adaptable colocation and build-to-scale solutions to cloud, enterprise and managed service providers. It has operated 750+ megawatts and developed more than $3.5 billion data centers around the globe. Aligned Energy’s mission is to make data center critical infrastructure intelligent enough to continuously improve its economic performance and environmental impact.
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