Skip to content
You can now search across every topic, entity and event.What's new
Data Centres: Boom and Backlash
14AUG

Uruguay's Antel builds a $70m AI centre

1 min read
10:48UTC

State telecom Antel will build a $70m AI data centre in Canelones, announced after a Council of Ministers meeting, with construction from early 2027 and operation targeted for 2028-29.

IndustryDeveloping
Key takeaway

Uruguay's state telecom will own a $70m AI data centre in Canelones by 2028-29.

Uruguay's state telecom Antel will build a $70m AI data centre in Canelones, announced on 11 and 12 August after a Council of Ministers meeting, with construction starting in the first quarter of 2027, operation targeted for 2028-29 and roughly 250 direct jobs 1.

Antel is state-owned, so the capital, the risk and the eventual capacity all sit with the Uruguayan state, and the facility's purpose follows from that rather than from a tenant's demand curve. Uruguay already runs one of the cleanest grids in the Americas, mostly hydro and wind, which is the asset the country has to sell to compute buyers. Where OpenAI paused a UK site in April rather than commit , Montevideo is committing public money to a build that reaches service at the end of the decade.

At $70m the build is small by the standards of the schemes elsewhere in this briefing, and the 2028-29 operating date puts it several hardware generations out. Neither the chip supply nor the customer base is described in the announcement.

Deep Analysis

In plain English

Antel, Uruguay's state-owned telecom company, announced it will build a $70m AI data centre in Canelones, a department near the capital Montevideo. The Council of Ministers, the country's cabinet, backed the plan. Construction is set to start in 2027, with the facility operating from 2028 or 2029 and creating roughly 250 direct jobs, a modest project by global standards but notable for being fully state-financed.

Deep Analysis
Root Causes

Antel's state-owned status is the structural reason a $70m AI data centre needed only a Council of Ministers meeting rather than the private financing search, planning appeal or grid-connection queue that dominate this topic's other stories.

As a public telecom, Antel commits state capital and answers to the president's cabinet rather than a private board or a court.

First Reported In

Update #13 · GPUs now collateral as Nebius borrows $775m

Sahm Capital· 14 Aug 2026
Read original
Different Perspectives
Antel, Uruguay's state telecom
Antel, Uruguay's state telecom
Antel will build a $70m AI data centre in Canelones, announced after an 11-12 August Council of Ministers meeting, with construction from Q1 2027 and roughly 250 direct jobs. Uruguay is putting a sovereign AI facility on the state balance sheet rather than courting a hyperscaler to build one.
Comtel
Comtel
Comtel is building a Figline Valdarno data centre inside the H2-Era Green Valley complex, powered by an 84 MW solar plant and selling waste heat to on-site farming. Co-location with generation and a heat offtaker is the model regulators elsewhere are now writing into connection terms rather than negotiating case by case.
Greg Abbott, Texas Governor
Greg Abbott, Texas Governor
Abbott directed PUCT and ERCOT on 3 August to audit every queued data centre's ownership, incentives and water use, saying projects that fail the state's survey should lose grid access. QTS's co-chief executives welcomed the review; Agriculture Commissioner Sid Miller called it too vague and wants a special legislative session instead.
Government of Gujarat
Government of Gujarat
Gujarat notified a Data Centre Policy on 7 August offering capital, interest, tax and duty subsidies for projects sourcing at least 51% green power, targeting 7.5 GW against a 74 GW installed base. Where other jurisdictions priced or restricted grid access this month, Gujarat is paying developers to come instead.
Taiwan's Legislative Yuan Economics Committee
Taiwan's Legislative Yuan Economics Committee
The committee gave preliminary approval on 5 August to a self-generation mandate for large power users, including data centres, with fines up to NT$750,000. It agreed the obligation in principle while leaving the megawatt threshold that defines its reach to later implementing regulation.
Australian Energy Market Commission
Australian Energy Market Commission
AEMC advised ministers on 5 August that data centres should surrender renewable certificates against actual consumption, prove new demand with new firm capacity, and register as market participants. The advice would turn passive customers into obligated participants inside the market's dispatch and settlement machinery, ahead of an access-standards determination due in late October.