Alternative asset manager Patria Investments announced the launch of Omnia, a new platform aimed at developing, building and operating large-scale data centers across Latin America, fully powered by green, renewable energy.
Patria said that the new platform will initially focus on 100+ MW campus projects, tailored to high-density AI workloads, with expected investments above $1 billion.
The launch of the new platform comes as demand for sustainability in data centers is growing, as the rapid growth of AI threatens to challenge global carbon emissions reduction efforts. The IEA estimates that AI-driven data center power usage could double by 2026 and expand rapidly over the next several years. Several tech giants, including Microsoft, Google and Amazon, have highlighted increased energy needs to meet the AI-driven growth in data centers as a key challenge to their decarbonization goals.
Rodrigo Abreu, Digital Infrastructure Operating Partner at Patria Investments and CEO of Omnia, said:
“The launch of Omnia marks an important moment for Patria. We believe Latin America is perfectly positioned to support the growth of the global AI data center infrastructure, with its vast potential of renewable energy at competitive cost, developed fiber connectivity, geopolitical neutrality and friendly regulatory environment for the development of new data center projects, allowing hyperscalers to rapidly expand their offerings while maintaining their ambitious environmental commitments.”
According to Patria, the new platform’s data center projects are being developed to use 100% of energy needs from green, renewable sources, with minimal water usage for cooling and reduced environmental footprints, supporting long-term commitments and hyperscalers’ carbon neutrality goals. Omnia expects to start construction of its first data center campus in Brazil, in the second half of 2025.
Felipe Pinto, Managing Partner of Patria’s Infrastructure Investments in Latin America, said:
“Global demand for data centers is expected to more than double by 2030, driven by the widespread adoption of AI and the continued migration to cloud. In this context, Latin America’s capacity is forecast to more than triple over the coming years, requiring up to USD 50 billion in new capital investment. With the support of Patria’s track record and expertise in Energy, Data Centers and Real Estate, we believe Omnia has great potential ahead of it.”