9 May 2023
Aligned Data Centers' Strategic Investment
On May 9, 2023, QScale, a sustainable computing infrastructure leader based in Lévis, Québec, announced a strategic investment from Aligned Data Centers, supported by existing shareholders like the Québec government through Investissement Québec and Desjardins Capital. This investment aims to expand QScale's high-density computing center ecosystems in Québec, fund the future phases of its Q01 facility, and support the creation of other campuses.
Aligned, majority-owned by Macquarie Asset Management, is renowned for its innovative data centers and build-to-scale solutions catering to global clients. The partnership is set to propel both companies' growth strategies, drawing on a strong supply chain and an extended data center capacity portfolio across the Americas. It resonates with QScale's ambition to amplify Québec's tech talent on the global stage through its avant-garde computing infrastructure.
QScale stands at the forefront of the high-density computing sector, offering facilities that maximize energy efficiency. It harnesses waste heat from high-performance servers for greenhouses, aquaculture projects, and community organizations, reaping ecological and social gains for local communities. Plus, the firm utilizes Québec's abundant hydropower and wind resources, presenting affordable renewable power.
Each QScale campus is anticipated to generate numerous high-paying, skilled positions locally, making it a prime choice for global firms aiming to fulfill their computational demands in line with their ESG targets.
Legal advisories include Fasken Martineau DuMoulin LLP for QScale and McCarthy Tétrault LLP & Latham & Watkins for Aligned. Financial advisories include Houlihan Lokey, Scotiabank, and TD Securities.