Scala Data Centers Secures $37.2 Million Financing from Brazil's BNDES for Expansion
November 30, 2025
In a significant move for Latin America's digital infrastructure landscape, Scala Data Centers has secured a major financing package from Brazil's National Bank for Economic and Social Development (BNDES). The deal underscores the strategic importance of data center capacity in the region's ongoing digital transformation and highlights the role of state-backed financing in accelerating critical infrastructure development.
The bank has approved a loan of R$200 million (approximately $37.2 million) for the Latin American data center operator. The funds, made available through the BNDES Machinery and Services program, are earmarked for the acquisition and installation of equipment and materials to build out Scala's data center infrastructure across Brazil. This marks the company's second financing operation with the development bank, following a previous loan of R$180 million ($31.3 million).
The financing is aligned with the Brazilian federal government's industrial policy aimed at driving the digital transformation of industry. BNDES President Aloizio Mercadante emphasized the global scale and rapid expansion of digitalization, framing the bank's support as a catalyst for increasing productivity and advancing the digital economy.
For Scala, the capital injection is pivotal for its ambitious growth plans. The company, founded in 2020 by global asset manager DigitalBridge, has invested over $1.6 billion to develop hyperscale data centers in Brazil, Chile, Mexico, and Colombia. It currently has more than 300MW of data center capacity installed or under development, with an expectation to reach 500MW within the next five years. Clayton Malheiros, Scala's Financial Director, stated that the BNDES financing "will strengthen the company's investment capacity and help consolidate Brazil as a strategic data center hub in Latin America," adding that Scala remains committed to expanding its technological infrastructure to international standards with a focus on innovation and sustainability.
The deal signals continued robust investment in Latin America's digital infrastructure, where demand for cloud and data services is surging. Scala's expansion, supported by national development capital, positions the company to capture a significant share of this growing market while supporting broader economic objectives for technological modernization in the region.
Source: datacenterdynamics
Scala Data Centers Secures $37.2 Million Financing from Brazil's BNDES for Expansion
