The president of Uruguay, Yamandú Orsi, has communicated the signing of an agreement with the Spanish company Solaria Energía y Medio Ambiente to build a technological park of data centers, which will involve a total investment of 5.7 billion dollars (5.08 billion euros). The Uruguayan Executive has emphasized that this is the largest injection of foreign capital that the South American country will receive in its entire history.
The project, which will operate under the free zone regime, plans to allocate 5.5 billion dollars (4.9 billion euros) to the construction of data centers with a capacity of 500 megawatts. Additionally, 200 million dollars (178 million euros) will be added to deploy 350 megawatts of photovoltaic solar generation, intended to supply renewable energy to the complex.
The infrastructures will be executed in two stages and will be located in a decentralized manner in the departments of Canelones, San José, and Florida. The plan contemplates the creation of 3,100 jobs during the construction phase, which will extend until 2029, and around 1,500 stable jobs when the park is fully operational.
In the presentation of the agreement, Orsi defined the initiative as a "signal from Uruguay to the world" that confirms the country as a destination where "the rules are clear and respected." The president linked this milestone to the "positive accumulation" of state policies maintained by successive governments, focusing on macroeconomic and legal stability, as well as on an electricity matrix that is almost 100% renewable, an increasingly relevant element for large international investors.
With this commitment, the multinational Solaria strengthens its presence in Uruguay, where it has been present for almost ten years with solar plants in the towns of Young (Río Negro) and Mercedes (Soriano).
The Uruguayan Presidency has emphasized that the initiative combines the national commitment to technological innovation, the retention of local talent, and the promotion of a digital economy aligned with environmental protection.