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Brazil's Omnia, Casa dos Ventos sign $2 billion energy deal for TikTok data center

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Brazil's Omnia, Casa dos Ventos sign $2 billion energy deal for TikTok data center

SAO PAULO (Reuters) - Omnia, the data center platform of Brazil's Patria Investments (PAX.O), opens new tab, 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). 

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