A stretch of Argentina that mostly exports wind, gas and sheep is being pitched to the companies building AI infrastructure, and some of them are listening.
Developers and energy firms are courting hyperscalers for data centre projects across Patagonia and the surrounding provinces, Reuters reported, with initial agreements targeted by the end of this year and site tours pencilled in for February.
OpenAI signed a letter of intent with the Argentine developer Sur Energy in October 2025 for a Patagonian facility of up to 500MW, announced by President Javier Milei alongside a video appearance by Sam Altman, with expected investment of around $25bn and a first 100MW phase due in 2027.
It is the Latin American entry in the Stargate programme, which also has projects in Norway, the UK and the UAE.
Around it sits a queue of less familiar names. Pampa Energía is proposing a 500MW site in Neuquén powered by Vaca Muerta gas, at an infrastructure cost of about $900m, plus a smaller 30MW first stage at Bahía Blanca.
