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I Squared Capital takes a majority stake in Elea Data Centers

M&A · Elea Data Centers · Not disclosed, 28 April 2026.

Key terms

Company
Elea Data Centers
Date
28 April 2026
Type
M&A
Value
Not disclosed
Status
Announced
Region
Brazil

What happened

I Squared Capital agreed to buy about two thirds of Brazil's Elea Data Centers and backed its expansion, including the planned Rio AI City campus.

Recorded terms

Platform
Nine campuses in Brazil; about 300 MW of powered land and over 1 GW in development
Committed capital
R$2.5bn near term
Value basis
Price not disclosed; I Squared committed R$2.5bn for near-term expansion
Segment
Data centres

Parties

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M&A, preferred equity and joint venture terms from the filed agreements, for the buyer’s, the seller’s or the sponsor’s side. Previews are open; the full text is free with InfraCompute Weekly.

Sources

  1. DCD: I Squared Capital acquires Brazilian data center firm EleaSource date: April 2026

About this record

Compiled from the sources above. Investments are recorded separately from the debt register and are not counted in debt totals. Terms are as announced and may have changed since. Methodology · Send a correction.

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