Brazil's real capacity,
not its announced one.

Construction visible on-site in publicly available imagery. Power allocation cross-referenced against ONS interconnection record. PPA in place with CPFL for hydro-anchored supply. Tenant migration underway from SP3.

A material delay on the second 34 MW phase, currently scheduled for Q4 2026, would move that phase to Announced. The verified figure here covers only the first phase.

Live tenant operation. Closed-loop cooling design indicated in ODATA / Aligned public materials. Targeted to operate below the ReDATA WUE threshold of 0.05 L/kWh.

Operational. A change in tag would require evidence of off-spec performance or unannounced shutdown.

Brazil's first purpose-built AI data centre on liquid cooling. CDU-based deployment delivered by Vertiv. PUE band of 1.15-1.20 referenced in Elea and Vertiv joint materials.

The flagship Elea facility is live and operating. Future phases are tracked separately and currently sit under Announced.

The headline capex figure has been publicly committed but no MW figure has been published by Microsoft for the Brazil deployment, and the deployment timing is partially conditional on ReDATA's implementing decree. The original ReDATA provisional measure expired in February 2026 and was replaced by PL 278/2026, which cleared the Senate on 1 September 2026 and awaits presidential sanction, with the Ministry of Finance putting the incentive’s draw at up to R$2 trillion of private investment over the decade and R$5.2bn earmarked in the 2026 budget alone. The lapse and the scramble to replace it are why this stays Announced: the incentive is now law, but the regime has already been interrupted once.

A site announcement with named operator partner, grid-interconnection filing, and the ReDATA implementing decree being issued with WUE and clean-power thresholds intact.

Capex figure committed publicly. No MW disclosure, no site selection disclosure, no operator partner publicly identified for the deployment. Sits behind the same ReDATA policy gate as the Microsoft commitment.

Named site, named operator partner, grid-interconnection filing or evidence of construction.

Scala and the Rio Grande do Sul government disclosed an initial US$500 million / R$3 billion investment, with 54 MW of initial IT capacity in Eldorado do Sul and expansion potential to 4.75 GW across more than 1,730 acres. The local enabling law was sanctioned in December 2024, and in May 2025 the Ministry of Mines and Energy recognised a technical solution for a 5 GW grid connection. Enabled and in development, with no operating phase or named anchor customer in the public record.

A named anchor tenant, grid-interconnection energisation and an operating first phase. Separately, Scala's Tamboré buildings in Barueri, SP (SGRUTB09 to 11, about 84 MW) are under construction within a wider 900 MW-plus Scala programme.

Announced March 2025 and described by ODATA as operational from early 2025. Investment of more than US$450 million, with the total campus put at R$2.6 billion in later technical material. ODATA's second verified Brazilian site after SP02, carrying the same closed-loop cooling and sustainability framing.

Operational. A change would require evidence of off-spec performance or an unannounced shutdown. No anchor tenant is publicly named.

In May 2026 Ascenty said it had signed 150 MW of new AI contracts with global hyperscalers, fully pre-leased on a long-term basis, supporting four new hyperscale data centres across Sumaré and Vinhedo plus a sixth São Paulo site. SPO05 has entered operation and SPO06 is under construction for May 2027. The clearest pre-leased hyperscaler-demand signal among the named operators, though customer names are not disclosed and most of the capacity is not yet energised.

Energisation of the named Sumaré and Vinhedo phases, with grid-interconnection evidence beyond the live SPO05 building.

Announced May 2025. RJO1 is operating and RJO2, about 80 MW, is under construction for 2026, with RJO3 and RJO4 adding a further 120 MW. First-phase target 1.5 GW, long-term potential 3.2 GW. Elea's April 2026 transaction, I Squared Capital's majority-stake acquisition, cited more than 300 MW on land with secured power and more than 1 GW planned. Separately, Elea won a named anchor: the Petrobras supercomputing data centre, 30 MVA on a 17-year, R$2.3 billion contract.

Energisation of RJO2 and a named hyperscaler anchor for the AI City itself, distinct from the Petrobras HPC contract.

Takoda, the data-centre company TIVIT spun out in 2023, markets two hyperscale AI and GPU campuses: Sumaré, São Paulo at 96 MW and Barra, Rio de Janeiro at 64 MW, 160 MW in total. Phase 1 is 18 MW per campus, with ready-for-service in Q3 2027. Takoda says land, permits, critical-equipment contracts and construction contracts are already in force, but no customer is named.

Start of construction with grid-interconnection evidence and a named anchor tenant.

Tecto, V.tal's data-centre platform, lists TGRU1 in Santana de Parnaíba as under construction for high-density AI and hyperscale loads, up to 200 MW, part of a wider US$2 billion investment plan through 2028. Tecto also markets TPOA1 in Porto Alegre, RS, 20 MW with a first phase in Q4 2026 tied to the Malbec subsea cable, and TFOR3 in Fortaleza. The platform runs on certified renewable energy; no anchor is named.

Energisation, grid-interconnection evidence and a named tenant for TGRU1.

Aggregate announced capacity across the Northeast corridor exceeds three gigawatts. Cross-referenced against MME grid-queue filings and named financing, Entelligencia assesses a significant share of these announcements as materially overstated or unfinanced. Transmission capacity from the renewable-rich Northeast to demand centres in the Southeast has not been built at the scale required.

Named transmission build-out commitments by ONS / MME, plus offtake agreements for specific named operators in the corridor.

The 13.2 GW figure is the MME grid-connection request pipeline, repeated in media as "Brazil's 2030 capacity". The Entelligencia view, cross-referenced with the named advisory council, is that 40 to 55 per cent of that pipeline is currently financed to completion. The rest is conditional on incentives, offtake or capital that has not yet closed.

The ReDATA implementing decree being issued with thresholds intact, plus a wave of named offtake announcements moving aggregate financed share above 70%.