Omnia, the data center platform of Brazil's Patria Investments (PAX.O), has signed a $2 billion, 20-year energy supply agreement with renewable generator Casa dos Ventos to power a data center it is building for TikTok-owner ByteDance, the companies told Reuters.
The data center, located at the Pecem port complex in the northeastern state of Ceara, is the largest under development in Brazil, with estimated total investment of 200 billion reais ($39.87 billion).
($1 = 5.0163 reais)