Overview

• OpenAI and Sur Energy unveiled the plan after presenting it to President Javier Milei, describing it as the first Latin American node in OpenAI’s global Stargate network.
• The facility is proposed to deliver up to 500 MW of next‑generation AI compute powered entirely by renewables, with local suppliers such as Genneia and Sur Energy leading development.
• The companies estimate a $20–25 billion investment to be executed through a joint venture with a top cloud‑infrastructure partner.
• Project sponsors plan to seek inclusion in Argentina’s RIGI incentive regime and proceed with permitting, financing and a power‑purchase commitment from OpenAI as outlined next steps.
• One outlet reports a tentative timeline that targets a 2026 start with an initial 100 MW phase and scaling toward full capacity by late 2027, contingent on agreements and approvals.