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Aligned closes $1 billion sustainability-linked credit to green data centers



ImpactAlpha, September 17 – Data centers are consuming huge amounts of electricity. Dallas-based Aligned uses energy-efficient cooling systems and has committed to 100% renewable energy for its facilities. 

A $1 billion credit facility to support Aligned’s sustainability goals, structured by ING Capital, will reward the company with a reduced interest rate if it hits impact targets, including 100% clean energy by 2024; industry-leading workplace safety; and “continuous improvement across sustainability best practices” (see, “An incentive for companies that deliver on sustainability: lower-cost capital”).

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