Latin America and Caribbean
Scala Data Centers secures Chile data centre funding
Scala Data Centers secures US $328 million green financing for Chile data centres and power substation expansion.
Headline
Scala Data Centers secures US $328 million green financing for Chile data centres and power substation expansion.
Context
• US$254 million project finance plus US$74 million VAT facility for Chile expansion • First international green-labelled deal for Scala Data Centers outside Brazil
Evidence
Pending intelligence enrichment.
Analysis
Scala Data Centers has raised US $328 million to expand operations in Chile. The deal includes US $254 million in project finance and a US $74 million VAT facility. Funding will support three hyperscale data centres and the Nova Lampa power substation. The transaction is backed by MUFG, SMBC, BNP Paribas and Natixis. It is Scala’s first international project finance deal and its first green-labelled cross-border financing. The new facilities are located in Lampa, Huechuraba 2 and Curauma. The Nova Lampa substation will deliver stable renewable energy supply, according to Data Center Dynamics . Scala currently operates 23 MW of IT capacity in Chile. Another 30 MW is reserved through advance agreements with hyperscale clients, reported Telecompaper . Also read: DOE identifies sites for AI data centres Also read: Oklo and Vertiv join forces for AI data centres
Key Points
- What happened：US$328 million for Chile growth
- Why it’s important
Actions
Pending intelligence enrichment.
