Patagonia becomes a destination for mega data centers and tech investments
Sanziana Georgescu
IT&C knowledge
Unsplash
Always see our news on Google
Patagonia is attracting growing interest from investors seeking sites for mega data centers, amid the artificial intelligence boom. The region offers low temperatures, vast tracts of land, renewable energy and access to shale gas from the Vaca Muerta formation.
In Neuquén province, Pampa Energia is considering building a data center near the Loma de la Lata power plant, with consumption of up to 500 megawatts. The project would be powered by energy generated near the gas fields. In Chubut, Polish company Green Capital announced a 300-megawatt data center valued at $3 billion, with the possibility of expanding it to 3,000 megawatts. Other projects are being considered in Neuquén and Bahía Blanca.
Investor interest has increased following reforms by President Javier Milei, including the RIGI regime, which offers tax incentives and legislative stability. OpenAI has also announced a partnership for a clean-energy-powered data center estimated to be worth up to $25 billion.
Argentina currently has only small data centers, concentrated in Buenos Aires. Patagonia, however, remains dependent on the development of power grids, infrastructure and connectivity. Specialists warn that many of the announcements currently represent intentions rather than projects actually under construction.##{
In Neuquén province, Pampa Energia is considering building a data center near the Loma de la Lata power plant, with consumption of up to 500 megawatts. The project would be powered by energy generated near the gas fields. In Chubut, Polish company Green Capital announced a 300-megawatt data center valued at $3 billion, with the possibility of expanding it to 3,000 megawatts. Other projects are being considered in Neuquén and Bahía Blanca.
Investor interest has increased following reforms by President Javier Milei, including the RIGI regime, which offers tax incentives and legislative stability. OpenAI has also announced a partnership for a clean-energy-powered data center estimated to be worth up to $25 billion.
Argentina currently has only small data centers, concentrated in Buenos Aires. Patagonia, however, remains dependent on the development of power grids, infrastructure and connectivity. Specialists warn that many of the announcements currently represent intentions rather than projects actually under construction.##{
Sources
Companiile din Silicon Valley cred că au găsit un nou „El Dorado” într-o faimoasă zonă a Americii de Sud
Giganții tech vor să dezvolte centre de date în Patagonia
Patagonia e noul El Dorado al inteligenței artificiale: temperaturi scăzute, energia regenerabilă, gazele de șist și întinderi nesfârșite de sălbăticie
Giganţii tech analizează Patagonia pentru centre de date uriaşe; Proiectele pregătite în Argentina ajung la miliarde de dolari
Companiile tech vor să construiască centre de date în Patagonia argentiniană. Ce le-a atras atenția
Companiile tech vor să construiască centre de date în Patagonia argentiniană. Ce le-a atras atenția la regiunea adesea măturată de furtuni
Latest News
23:04
PNL accuses PSD of manipulating Eurostat data on Romania’s deficit
22:36
Ilie Bolojan invokes the ECtHR decision in the dispute over the payment of judges' salary arrears
22:16
Romania reported 43.74% of the suspected counterfeit articles detained at the EU’s external borders in 2025
22:01
The Pentagon has concluded a framework agreement with Lockheed Martin for at least 850 F-35 aircraft over the next ten years
21:44
The CJEU finds that Hungary and the Czech Republic breached the right to a lawyer through rules that generally allowed suspects to be questioned without legal counsel
See more news
NEWS ON THE SAME TOPICS
.webp)
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
