Odata, a Brazilian provider of data centre services for Latin America, has announced a US$1.02 billion green financing deal focused on sustainable data centre infrastructure investments.
With this funding — which it describes as the largest of its kind for data centres in Latin America — Odata says it has reached a total of US$2.25 billion in financing, further strengthening its financial foundation to meet the growing demand for sustainable cloud and AI infrastructure.
The new funding has been provided by a syndicate of financial partners, including Apterra, BNP Paribas, Crédit Agricole CIB, Deutsche Bank, MUFG Bank, Ltd, Natixis Corporate and Investment Banking, Nomura, Societe Generale, and SMBC.
Odata says the funding will be used for data centre projects that meet the highest standards of sustainability, including energy efficiency targets, renewable energy use, and sustainable construction practices.
Additionally, the expansion of this financing will support the company’s growth across key regional markets. Currently, the company has operations in Brazil, Chile, Colombia and Mexico, and recently added the United States to its portfolio through its acquisition by Aligned Data Centers.
Odata says it is the first hyperscale data centre company to self-produce 100% renewable energy in Brazil. The company also recently introduced the exclusive Delta Cube air-cooling technology to the region, developed and patented by parent company Aligned Data Centers. Designed to support high-density power loads, this solution can cool up to 50kW per rack in the same row and is ready for integration with advanced liquid cooling systems.
Explaining the company’s energy efficiency strategy, Rafael Bomeny, CFO of Odata, says: “In addition to major investments in renewable energy, we adopt designs that seek the highest levels of energy efficiency without wasting water. With this new green financing, we can continue contributing to the development of Latin America’s digital infrastructure while upholding the highest standards of sustainability.”