I Squared Capital acquires Brazilian Elea data centers

I Squared Capital is a public record based on article evidence, entity context, event links, and relationship context.

• Elea operates nine campuses with over 300MW powered land • Deal targets expansion of AI-ready digital infrastructure in Brazil The fact I Squared Capital, a global infrastructure investment manager, has agreed to acquire Elea Data Centers, a carrier-neutral platform operating nine campuses across São Paulo, Rio de Janeiro and Brasília. Elea has over 300MW of powered land and more than 1GW under development, requiring over US$10bn in capital. The Assessment The deal expands I Squared Capital's presence in Latin America's digital infrastructure sector.

Elea's published evidence, including AI-focused builds, aligns with rising regional demand for cloud and compute capacity. The transaction reinforces Brazil's role as a key growth market where renewable energy availability and structural undersupply are shaping investment flows. What to Watch Execution of Elea's multi-gigawatt expansion plans and how quickly capital is deployed into AI-focused data centre capacity across Brazil. Also read: EU expands DMA scope to cloud and AI services Also read: SAS Launches Quantum Lab on Viya Q4