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'SAMENA Daily' - News

Scala announces data centre and power station funding in Chile

Scala Data Centres, which describes itself as Latin America’s leading platform for sustainable digital infrastructure serving the hyperscale market, says it has secured its first international project finance transaction: US$254 million in long-term funding to support the construction of three hyperscale data centres and a major power substation in Chile.

When combined with a VAT facility, the total financing package reaches US$328 million. Scala says the deal, backed by a consortium of four top-tier global banks, also represents the largest project finance deal ever executed for a single-country data centre initiative in Latin America.

Unlike typical deals structured through special purpose vehicles (SPVs), Scala says it innovated by leveraging its existing Chilean corporate structure, raising the bar for compliance, transparency, and execution discipline. The transaction underwent exhaustive due diligence processes across multiple legal jurisdictions, including US and Chilean law.

This project includes the expansion of Scala’s footprint across Curauma in Valparaíso (already operational), Lampa, northwest of Santiago, and Huechuraba 2 in Santiago Province, alongside the construction of the Nova Lampa substation – critical to ensuring reliable renewable energy delivery.

With 23 megawatts of contracted IT capacity and an additional 30 MW already contractually reserved for significant expansion under pre-established hyperscaler agreements, the deal provides strategic flexibility and financial scalability. Sala suggests it also sets a strong precedent for replicable growth in other Latin American markets.

In line with Scala’s ESG commitments, the new sites in Chile will operate with 100% certified renewable energy, zero-waste water, and best-in-class energy efficiency metrics.

The project also complies with local hiring mandates and community engagement programmes, contributing to economic development across the regions where Scala operates.

While a timetable does not yet seem to have been revealed, Scala says that the construction phase is expected to generate thousands of direct and indirect jobs, and the new infrastructure will play a critical role in elevating Chile’s position as a strategic digital gateway between Latin America and the Asia-Pacific region.



Source: https://developingtelecoms.com/telecom-technology/data-centres-networks/18822-scala-announces-data-centre-and-power-station-funding-in-chile.html

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