Siemens Energy secures R$100 million contract to develop substation for Terranova's hyperscale data centers in Brazil

The R$100 million supply agreement between Siemens Energy and Terranova for a substation in Campinas, São Paulo, strategically de-risks future hyperscale data center development for the buyer. This contract, announced on 2026-03-16, was signed concurrently with regulatory approval for Terranova's project, ensuring a clear path for the critical power infrastructure. Siemens Energy will develop the substation, a foundational component for ensuring reliable power supply to Terranova's planned data centers in the Brazilian city. This commercial structure benefits Terranova by securing essential utility access early in its development cycle, while Siemens Energy gains a substantial R$100 million contract in a key emerging market. Terranova, a hyperscale data center platform established by global investor Actis, advances its Brazilian expansion with this R$100 million power infrastructure commitment. The deal enables Terranova's future data centers in Campinas, São Paulo, to proceed with a secured power solution. Siemens Energy, focused on driving the energy transition and supporting energy system decarbonization, leverages its broad energy value chain expertise to secure this contract. This positions Siemens Energy as an enabler for digital infrastructure growth in Brazil, expanding its product and solution footprint beyond traditional energy generation or transmission projects. The agreement confirms continued capital deployment into Brazil's digital infrastructure, specifically supporting hyperscale data center capabilities in São Paulo.