Simultaneously, Terranova is actively advancing a second major data center project in Praia Grande on another 1 million square meter parcel adjacent to submarine cable landing points. This development depends on ONS approval for 450 MW of energy access, with confirmations expected by May. The initial phase could deliver approximately 350 MW IT capacity, with scope for later scale-up given the land availability.
The company’s founding investor, Actis, commits $1.5 billion across three years, targeting Brazil, Mexico, and Chile as priority markets. Terranova’s inaugural data center in San Miguel de Allende, Mexico, launched operations in early 2026 with an 8.12 MW capacity and plans to expand to 20 MW. The strategy leverages Actis’s global experience, particularly from Asia, emphasizing greenfield, energy-efficient designs aligned with long-term sustainability goals.
Brazil’s abundant and renewable energy resources are a competitive advantage in attracting energy-intensive AI workloads, although high taxation remains a challenge. Legislative efforts such as the Regime Especial de Tributação para Serviços de Data Center (Redata) are viewed as potential catalysts for accelerated growth. Terranova’s leadership team, combining regional and international expertise, aims to build replicable, reliable infrastructure to capture demand from global hyperscale clients including Amazon, Microsoft, Google, and Meta, among others.
This article was curated and published as part of our South American energy market coverage.
