The consulting firm attributes the reduced commissioning pace to an industry phase shift rather than investment contraction. More than 120 MW remains under construction, with EdgeConnex advancing its Colina campus, Scala maintaining parallel projects in Lampa and Huechuraba plus a Curauma expansion in Valparaíso Region, and Odata progressing second phases at Lampa and San Bernardo facilities. Terranova develops the Alto Jahuel project in the southern Metropolitan Region. Amazon’s Huechuraba data center, backed by US$205 million in projected investment across 10.9 hectares, secured favorable environmental approval in July 2024 and withstood legal challenges in March 2026.
Looking toward 2031, Colliers identifies eight new developments that could deliver 367.8 MW of combined capacity and mobilize US$1.616 million in estimated investment. The figure exceeds the current 255 MW operational park, though materialization depends on land availability, electrical connections, sectoral permits, transmission infrastructure, fiber optic access and final operator investment decisions.
Odata held approximately 31% of installed capacity at mid-year, with Ascenty at 16.5% and Google Cloud at 11.8%. The three operators controlled just over 59% of available capacity. Ascenty’s third Santiago data center inauguration in August elevated its share to near 19%, while Google Cloud advanced to approximately 14%, pushing combined concentration to roughly 64%. Facilities currently under construction may reshape market positions as they come online.
Demand originates primarily from cloud services growth, digital processing expansion and increasingly from computational requirements associated with artificial intelligence systems. The Metropolitan Region concentrates operational centers in northern and central Santiago zones, representing 39% and 33% of the total respectively, with the western zone holding 18% and the southern zone 9%.
This article was curated and published as part of our South American energy market coverage.
