A new data center planned for Guatemala is set to see an investment of $300 million from three international investors.

The financing will be one of "the biggest bets in technology capital in Central America," according to venture capital firm Aurum Equity Partners, which this month confirmed the investment in the project along with Bold Capital Group and Innovative Strategies.

The 50MW data center, set to be built in Guatemala City, was first announced in May during the Future Edge Summit, a conference that serves as a meeting point for Silicon Valley investors interested in funding data centers and digital initiatives in Guatemala.

It is expected to be operational by mid-2026.

Guatemala is aiming to position itself as a technology hub in the region thanks to its strategic location and skilled workforce, which is attracting international investors.

"The world of technology is moving fast; the United States and Guatemala are moving with it," said US Ambassador to Guatemala Tobin Bradley during the Future Edge Summit.

"This is not just a data center," said Venkat Bussa, managing partner of Aurum Equity Partners, when the project was announced. "It is a regional tipping point that positions Guatemala as a sustainable and scalable alternative to traditional data centers."

Aurum Equity Partners is an Indian investment banking firm that was founded in 2022.

The firm has previously launched a $250 million global private equity fund and invested $400m in a 100MW data center in Hyderabad, India. The company signed an MoU for a data center project in Saudi Arabia with Nowais Group in October 2023.

This piece was automatically translated from DCD's Spanish site and edited by a member of DCD staff.