Brazilian data center developer Scala Data Centers has secured $25 million in financing from Caterpillar Power Finance.
The financing, Caterpillar’s first with a data center company in Latin America, is designed to drive sustainable growth across the company.
“This milestone goes far beyond a simple line of credit. It’s a reflection of Scala’s maturity and credibility as a long-term infrastructure partner with a solid balance sheet,” said Clayton Malheiros, CFO of Scala. “Caterpillar is not just a supplier in this model — they have become a true partner, sharing our vision and investing alongside us to support our sustainable growth.”
Caterpillar's Power Finance division focuses on the financing of power generation products, including electric power and oil & gas systems. As part of its offering, it provides specialized financing, leasing, and protection products for Caterpillar equipment. Exact details on what the funding will support have not been disclosed. DCD has reached out for further information.
Scala was founded back in 2020 by global asset manager DigitalBridge, following the acquisition of several data centers from Brazilian IT firm UOL Diveo. The operator that focuses explicitly on the LATAM market has invested more than $1.6 billion in hyperscale data centers across Brazil, Chile, Mexico, and Colombia.
The company currently has more than 300MW of data center capacity installed and under development, and is expected to reach 500MW over the next five years.
Last year, the company announced plans for a huge data center in the Brazilian state of Rio Grande do Sul. If fully realized, the data center could cost up to R$300bn (US$50bn) and grow to 4.75GW; however, at present, Scala intends to construct a 54MW data center for an investment of R$3bn (US$500m)
Earlier this year, Scala closed its first international project financing, securing $254m to support the construction of three hyperscale data centers and a critical power substation in Chile.
Before this, in March, it secured a R$180m (US$31.3m) line of credit from the National Bank for Economic and Social Development to support data center expansion in Brazil.
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