Milbank panel on global data center finance and Brazil opportunities

Milbank LLP hosted a panel discussion in São Paulo on May 6 titled “Global Data Center Finance: Structures, Trends and Brazilian Opportunities.”

• Panel and participants: Milbank partner Thomas Sines (Global Project, Energy and Infrastructure Finance) and special counsel Louise Toledo Farias were joined by Fernando Jaeger (ODATA), Thomaz Dreifuss (BNP Paribas) and Ivan Hong (Casa dos Ventos) to discuss financing structures, due diligence, and Brazil market opportunities.
• Key topics and details: The discussion highlighted Brazil’s abundant renewable energy resources, attractive power purchase agreement (PPA) structures, scalable land for hyperscale campuses, and strengthening subsea cable connectivity to Europe and North America; it also noted a market shift from commercial real estate lending to infrastructure/project finance and outlined challenges including power infrastructure limitations, tax complexity, permitting requirements, and foreign exchange risk.