Quebec-based QScale, a sustainable computing infrastructure provider, announced it has agreed to receive a strategic investment from Aligned Data Centers, a portfolio company of Macquarie Asset Management. The investment is designed to support the development of future phases of its flagship Q01 facility and the development of future campuses. The transaction was announced on May 9, 2023, and is expected to close in the second quarter of 2023, pending regulatory approvals. Global investment bank Houlihan Lokey (NYSE:HLI) advised QScale on the deal.
Aligned, which is majority-owned by funds managed by Macquarie Asset Management, is a technology infrastructure company offering adaptive scale data centers and build-to-scale solutions for global hyperscale and enterprise customers. The strategic investment will enable QScale and Aligned to accelerate their growth strategies through a supply chain and an expanded portfolio of readily available and future data center capacity across the Americas—all backed by long-term capital investment.
Headquartered in Lévis, Québec, QScale develops computing centers equipped with a technological infrastructure that optimizes energy efficiency. Leveraging waste heat recovery systems, QScale’s facilities capture heat from high-performance servers and feed the excess thermal energy to adjacent greenhouses, aquaculture projects, and nonprofit community organizations, generating environmental and social benefits for local Québec communities.
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