Aligning sustainability with our financing further demonstrates our industry-leading commitment to environmental stewardship. Aligned’s green finance provides the company with the ability to further support environmental initiatives as well as expand its data center portfolio. This includes land acquisition in key U.S. and international regions to address the heightened data center demand of marquee clients, as well as expedite the expansion of existing data center campuses.

In September 2020, Aligned made history by securing the first U.S. data center sustainability-linked financing. The facility is also one of the largest private debt raises in data center history. Aligned’s sustainability-linked financing is tied to the company’s core environmental, social and governance (ESG) objectives, and Key Performance Indicators (KPIs):

• A commitment to match 100% of Aligned’s annual energy consumption to zero-carbon renewable energy by 2024
• Aligning the company’s ESG reporting efforts with a global standard and ensuring ESG disclosure for Aligned stakeholders
• A commitment to having and reporting on a Total Recordable Incident Rate (TRIR) with respect to workplace safety

In July of 2021, Aligned met and successfully exceeded all the requirements of its $1 billion sustainability-linked credit facility and increased it by $250M to $1.25 billion.

In August 2021, Aligned announced the establishment of a newly-created data center ABS platform and the issuance of $1.35 billion in securitized notes. This brings Aligned’s total in committed financing to $1.725 billion, setting the record for the largest-ever inaugural data center securitization.

Aligned’s innovative data center design principles and construction processes also support sustainability. Our vendor managed inventory (VMI) program comprises a rolling pool of dedicated inventory, combined with factory-based construction of mechanical and electrical plant modular containers, which then is deployed and delivered on site. This allows companies to truly future-proof their IT environments in the wake of unpredictable usage and growth models.

Aligned’s ability to deploy our mechanical and electrical systems in small increments, and only when additional capacity is needed, contributes to sustainability because we are not deploying and stranding resources that are not being utilized for an extended time. This provides for responsible use of limited resources and reduces our customers’ carbon footprint.

Aligned works in partnership with local public utility providers to help customers achieve their sustainability objectives.

Aligned will offer 24×7 tracking of how, where and when energy is consumed. This provides customers transparency into accurate data of their carbon footprint to better inform their own and their customers’ sustainability strategies and goals.

More efficient and reliable digital carbon tracking enables Aligned and our customers to establish a more environmentally conscious path forward and reduce our carbon emissions.