Industrial Info Resources, a project tracker, counted 15 announced or under-evaluation data-centre projects in Argentina worth US$46.4bn on 14 September1. Twelve disclose 3,533 MW between them, about 12% of Argentina's all-time peak electricity demand of 30,257 MW.
Two schemes hold about 99% of that capacity: OpenAI's Stargate at US$25bn, and Green Capital Renewable Energy's Atlas Gigahub in Trelew, Chubut, at US$21bn and 3,000 MW. Both chase Argentina's Incentive Regime for Large Investments, open to projects above US$200m. Most tracked projects sit in Patagonia, while all ten of the country's operating data centres are in Buenos Aires.
The total counts announcements, not money spent or contracted. OpenAI told investors in April that it had cut its compute spending target, and Tom's Hardware reported that it now treats Stargate as an umbrella term. Atlas alone accounts for 3,000 of the 3,533 disclosed megawatts, so the capacity figure largely stands or falls with one project in Chubut.
