São Paulo, Brazil – Penguin Infrastructure, a technology company based in Paraguay, has secured an investment to access 400 MW of electrical power in Brazil. This energy will be used for high-intensity applications in data centers, digital asset mining, and artificial intelligence.
This expansion project will be implemented immediately, without the need for additional infrastructure investments, as Brazil already has substations and transmission lines in place, ready for energy withdrawal.
The expansion of Penguin Infrastructure is expected to create approximately 200 jobs and attract investments totaling $600 million.
"We are very excited about this agreement, which represents significant growth for Penguin Group. It positions us as a leading technology company in the region and allows us to continue growing and setting the direction in the tech field," said Björn Schmidtke, CEO of Penguin Group.
This unprecedented agreement marks a significant milestone in regional energy integration for productive uses and represents one of the most relevant recent private investments between the two countries.
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For media inquiries or more information, contact us at press@penguin.digital.
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