If you keep the area "mulched" with organic matter, renewed as needed, drainage won't be a problem and the consistent moisture should grow an amazing Hydrangea. But will plants block the airflow to/from the unit, &/or block access for maintenance? Is it a heat pump that blows hot air when the A/C is running? If so, Hydrangea might not like that part of the arrangement. But also if so, the water drainage from it could be directed toward a Hydrangea a little farther away, with rain-gutter type arrangement. I would just avoid doing it with concrete because that would raise the PH and could do it enough to turn a blue Hydrangea pink. Keeping the area where it is growing mulched will help keep the PH lower, as well as the moisture/drainage moderation.