Business · Economy · 1 day ago
Argentina courts data-centre investment as projects remain at different stages
President Javier Milei is promoting Argentina as a place for companies to build data centres, which house the computers and networks used to store and process information.
Demand for these facilities is growing as digital services and artificial intelligence need more computing power and electricity.
Argentina’s public register lists 67 data centres: 52 operating, one under construction, 13 announced and one cancelled.
A proposed project by OpenAI and Sur Energy could involve up to US$25 billion in investment, but no final investment decision has been confirmed and its location is not verified.
Green Capital has announced plans for a data centre in Trelew, with construction projected to begin in 2028 if discussions with investors and clients conclude as planned.
The projects matter because large data centres can put pressure on electricity supplies, so Argentina has introduced rules requiring major projects to provide and pay for their own energy.
The plans and registers show a sector that already exists and may expand, but some of the biggest investment claims are not yet confirmed projects.
President Javier Milei is promoting Argentina as a destination for data-centre investment.
Two high-profile projects have been announced, but the OpenAI and Sur Energy proposal has no confirmed final investment decision.
A public register lists 67 data centres in Argentina, including 52 operational facilities and 13 announced projects.
A separate industry register identifies 14 facilities serving third parties with more than 1 megawatt of capacity.
Argentina’s new electricity-market rules require major projects to provide and pay for their own energy supply.
- Who
- President Javier Milei is promoting investment; companies including OpenAI, Sur Energy and Green Capital have announced projects.
- What
- Argentina is seeking data-centre investment, but some prominent plans remain unconfirmed or are still at an early stage.
- When
- OpenAI and Sur Energy signed a letter of intent in October 2025. Green Capital announced its plan in July; the year is not stated.
- Where
- The announced projects are in Patagonia and Trelew, in Chubut Province.
- Why
- The government presents data centres as a source of investment and economic development. The article says new rules aim to protect existing electricity supplies.
This story does not have two clearly opposing sides.
Data centres are the big talking point of the present, both in Argentina and abroad.
OpenAI and Sur Energy signed a letter of intent to develop a data centre in Patagonia.
Poland’s Green Capital announced plans for a data centre in Trelew; the year is not stated.
Green Capital aims to conclude discussions with investors and potential clients.
Construction of the Green Capital project is projected to begin.
The Energy Secretariat established the Extraordinary Demand Regime in the wholesale electricity market.
- Tengo Data register
- 67 data centres: 52 operational, one under construction, 13 announced and one cancelled
- CABASE register
- 14 facilities serving third parties, each with capacity above 1 MW
- CABASE combined capacity
- Nearly 32 MW
- OpenAI and Sur Energy proposal
- Potential investment of up to US$25 billion
- Green Capital first phase
- Intended capacity of 300 MW
- Green Capital eventual target
- 3,000 MW for technological infrastructure
Sources
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