Argentina's Patagonia region is becoming a target for AI data center development due to its cool climate, available hydropower, wind energy, and shale gas from the Vaca Muerta formation, alongside extensive empty land.
Power producer Pampa Energía is seeking investors for a facility up to 500 megawatts, with initial contracts expected by the end of 2026. Potential partners are interested in starting with 20 to 40 megawatts, while the grid infrastructure for the full project would cost approximately $900 million.
The Polish firm Green Capital is planning a 300 megawatt project in Chubut, and intends to expand to 3,000 megawatts in the long term. Additionally, OpenAI has announced a project with Sur Energy, although the agreement has not yet been signed.