Terranova, backed by Actis and General Atlantic, will launch its first large-scale data center in Campinas, Brazil, in 2027, with initial IT capacity between 220 MW and 230 MW, expandable beyond 500 MW in later phases. The company is also pursuing a second site in Praia Grande contingent on securing 450 MW of power access, […]
Terranova, backed by Actis and General Atlantic, will launch its first large-scale data center in Campinas, Brazil, in 2027, with initial IT capacity between 220 MW and 230 MW, expandable beyond 500 MW in later phases. The company is also pursuing a second site in Praia Grande contingent on securing 450 MW of power access,
Peru aims to increase its copper output to 2.8 million metric tonnes fine (TMF) in 2026, supported by eight new mining projects with combined investments exceeding $7.6 billion. The strategic emphasis on exploration and production growth seeks to maintain Peru’s position as the world’s second-largest copper producer amid rising global demand and regional competition. Peru’s
Ecuador’s Mazar reservoir achieved its technical maximum water level in early February 2026 following a period of sustained heavy rains, significantly strengthening the nation’s hydroelectric capacity amid a traditionally dry season. This development ensures increased energy security even after Ecuador ceased electricity imports from Colombia, with implications for national power system resilience and future dry-season
The Ministry of Energy and Mines (MINEM) of Peru is advancing significant electricity infrastructure projects in the Arequipa region to enhance grid reliability and rural electrification. Key initiatives include a 138 kV transmission line and substation in Islay, rural electrification in Caravelí, and modernization of electrical networks in historical city centers, collectively aimed at closing
Antel is advancing its digital infrastructure by establishing a new data center specialized in artificial intelligence within its Pando facilities, committed to becoming the foundational AI infrastructure provider for the Uruguayan state. Alongside this, the company plans a second data center in Montevideo aimed at increasing storage capacity and ensuring geographic redundancy, while also pursuing
BP announced an unprecedented discovery at the Pau-Brasil field offshore Brazil, estimated to contain up to 8 billion barrels of oil equivalent. This milestone, coupled with ongoing evaluations and stable reservoir conditions, reinforces Brazil’s strategic position in BP’s global portfolio amid a cautious global oil supply outlook. BP reported a major discovery at the Pau-Brasil
BP confirms discovery of up to 8 billion barrels offshore Brazil’s Santos Basin Read Post »
Mendoza is moving forward with the development of its Vaca Muerta unconventional oil and gas reserves, with seismic 3D exploration underway and an investment commitment of $44 million for the first three years. The province aims to initiate pilot drilling in the second half of 2026, one year earlier than originally planned, reflecting a strategic
Peru’s Ministry of Energy and Mines (MINEM) has advanced four key electricity transmission projects grouped under the Plan de Transmisión Eléctrica 2025-2034, with procurement adjudication set for May 2026. The $252 million initiative, part of a broader $900 million investment package, aims to boost electrical system reliability and renewable integration across strategic regions, driving market
Six Companies Qualify for $252 Million Transmission Projects in Peru’s 2025-2034 Plan Read Post »
