This funding will be used for the construction of three hyperscale data centers and an electrical substation in Chile.
Scala Data Centers has successfully closed its first international project financing, securing US$254 million in long-term financing for the construction of three hyperscale data centers and a critical electrical substation in Chile. Adding an additional line for VAT financing brings the total amount of the financing package to US$328 million.
This milestone marks a significant step in Scala’s regional expansion and reaffirms its commitment to high-impact, green growth. It is also the largest project finance transaction to date for a single data center project in Latin America.
This is the company’s first structured transaction outside Brazil, as well as its first international green-certified debt issuance. The structure of the transaction was aligned with Scala’s Green Bond Framework, reinforcing its leadership position in ESG practices and its commitment to sustainable and future-oriented infrastructure.
The financing is set to fund the expansion of Scala’s presence in three locations in Chile: Curauma (currently in operation), Lampa, and Huechuraba 2, along with the construction of the new Nova Lampa substation, a key element to ensure a stable supply of renewable energy. Currently, 23 MW of IT capacity has already been contracted, and another 30 MW booked through advance agreements with hyperscale customers, giving the project strategic flexibility and strong financial scalability. This deal also sets a robust precedent for replicating the expansion model in other Latin American markets.
“This transaction represents a strategic evolution in our way of financing and scaling digital infrastructure in the region. It is more than a financial deal: it is a signal to the market that Scala delivers excellence with transparency and sustainability,” said Clayton Malheiros, CFO of Scala Data Centers. “We have managed to build a robust and green structure, capable of sustaining long-term growth while maintaining profitability and high operational standards.”
The new Chilean facility will operate with 100% renewable energy, zero water waste, cutting-edge energy efficiency metrics, and a projected PUE of less than 1.45. The project also complies with local environmental qualification resolution (RCA) requirements, including hiring mandates and community engagement programs, contributing to economic development in the regions where Scala operates.
The construction phase is expected to generate thousands of direct and indirect jobs. The new infrastructure will be key to positioning Chile as a strategic digital hub connecting Latin America and the Asia-Pacific region, amid growing global demand for AI and cloud services.
Source: Data Center Dynamics.