Aurea Finvest, a real estate investment and development firm, has unveiled plans for a major 800MW data center project in Sumaré, located in the state of São Paulo, Brazil. The company aims to invest R$5 billion (approximately US$830 million) into this expansive initiative, highlighting Brazil’s growing importance as a data center hub. This development is expected to cover an area of 500,000 square meters, with 300,000 square meters of the space dedicated to built infrastructure.
Key Project Details and Timeline
The data center will span a vast 500,000 sqm, with significant focus placed on building out 300,000 sqm of fully operational space. Aurea Finvest plans to break ground on the project within the next 18 months. While specific construction details have yet to be disclosed, the scale of the investment signals the company’s long-term commitment to the data center sector in Brazil.
Aurea Finvest is currently in discussions with local regulatory authorities regarding energy capacity, which will be crucial for powering such a massive data center. The firm has indicated that the project will leverage Brazil’s increasing reliance on renewable energy sources, making it an eco-friendly investment as well.
Why Sumaré, São Paulo?
The decision to build in Sumaré is strategic. Marcelo Hannud, CEO of Aurea Finvest, emphasized that the location offers access to robust infrastructure and is near vital power transmission networks. This proximity to key energy infrastructure ensures that the data center can reliably meet the growing demand for cloud services, data storage, and processing.
Brazil has become an attractive market for data centers due to its stable geographic conditions, low incidence of natural disasters, and abundant renewable energy resources. These factors combined make the country an appealing destination for global operations looking for reliable, sustainable data center solutions.
Aurea Finvest’s Expanding Data Center Strategy
This new venture is part of Aurea Finvest’s broader strategy to increase its footprint in the data center market. In December of the previous year, the firm sold land to Tecto, a company currently constructing a 200MW data center in São Paulo. These moves reflect Aurea Finvest’s growing focus on capitalizing on Brazil’s burgeoning data infrastructure market.
Competitive Landscape in Sumaré
Sumaré is already home to several prominent global players in the data center industry, including Ascenty, Digital Realty, and Microsoft. Microsoft’s Brazil South Azure cloud region, launched in Campinas in 2014, continues to expand its capacity with three availability zones as of 2021. With such strong competition, Aurea Finvest’s new data center is poised to strengthen the region’s reputation as a data center powerhouse in Latin America.
FAQ
1. What is the planned size of the Aurea Finvest data center in São Paulo?
The project will cover 500,000 square meters, with 300,000 square meters allocated to built infrastructure for data center operations.
2. Why did Aurea Finvest choose Sumaré for its data center project?
Sumaré was selected due to its solid infrastructure and proximity to important power transmission networks, essential for a project of this scale.
3. What is the total investment for the Aurea Finvest data center?
Aurea Finvest is committing R$5 billion (about US$830 million) to this data center development.
4. When will construction for the new data center begin?
Construction is expected to commence within the next 18 months.
5. Who are the competitors operating in the Sumaré region?
Prominent companies like Ascenty, Digital Realty, and Microsoft currently operate data centers in the Sumaré region.
