Brazil’s Elea Data Centers has issued around US$150 million in sustainability-linked bonds, reinforcing its ESG commitments and supporting long-term AI infrastructure expansion.
Elea Data Centers, Brazil’s leading sustainable data centre platform and the first to implement large-scale artificial intelligence infrastructure in Latin America, has completed an issuance of around US$150 million (BRL 790 million) of sustainability-linked bonds (SLBs). This marks the company’s third transaction of this kind and its fifth debenture issuance overall.
The bonds are directly tied to Elea’s ESG goals, including improving its power usage effectiveness (PUE) and increasing female representation in leadership positions. The transaction was led by Bradesco BBI as lead coordinator with participation from UBS BB, BTG Pactual, Itaú BBA and, for the first time, Santander, underscoring the financial market’s confidence in Elea’s strategy.
SLBs are financial instruments that link issuance conditions to corporate targets, reinforcing Elea’s commitment to responsible practices and long-term sustainable growth. With this latest issuance, Elea has taken another step toward building a more efficient and sustainable capital structure.
“This transaction consolidates an investment cycle that began last year when we acquired our new assets in São Paulo. Now, with this refinancing, we are transforming the acquisition of those assets — initially funded with current liquidity — into a long-term investment supported by a more efficient and sustainable capital structure,” said Alessandro Lombardi, founder and chairman of Elea Data Centers.
The issuance refers to the company’s current portfolio of nine data centres. Looking ahead, Elea will focus on new fundraising initiatives aimed at AI projects such as the data centre city under development, Rio AI City.
In July 2024, Elea announced the acquisition of two data centres in the Greater São Paulo area: SPO2, located in São Bernardo do Campo, and SPO3, in Barueri. Both facilities are strategically positioned near submarine cable landing points and robust energy supply, aligning with Elea’s mission to deliver high-performance IT infrastructure for corporate clients and global technology companies.
