Patagonia is attracting early-stage data center proposals as investors seek cool temperatures, renewable power, shale gas and available land for large computing facilities. In Neuquén, Pampa Energía is pursuing a facility near its Loma de la Lata thermal power plant that could draw up to 500 megawatts using gas from the Vaca Muerta shale formation. The company is presenting power prices to interested parties and aims to reach initial agreements by the end of 2026, while investors consider a 20 MW to 40 MW pilot project. Building electricity infrastructure for the full 500 MW capacity would cost about $900 million. Argentina’s projects are advancing with limited public opposition because the country has only small data centers, concentrated in Buenos Aires. Interest has increased under President Javier Milei, whose RIGI incentive regime offers tax benefits and regulatory stability for large investments. OpenAI has announced a partnership with Sur Energy for clean-energy-powered data center capacity of up to 500 MW and investment of up to $25 billion. Other proposals include Flexdomes’ planned 120 MW first phase in Neuquén, Poland’s Green Capital project in Chubut and a 30 MW first phase in Bahía Blanca. Developers and advisers caution that announcements do not ensure construction, as Patagonia still requires stronger power and connectivity infrastructure and investors monitor the 2027 presidential election and Milei’s proposed Super RIGI bill.