Santiago is another South American market to watch closely. While it’s not achieving the same level of growth as its closest regional competitor, São Paulo, market activity has begun to pick up, and investment is starting to come in—signaling rising interest in Latin America’s data center landscape. During the second half of 2025, operational capacity in Santiago rose from 182MW to 279MW. Vacancy dropped from 23.4% to 4.3%, leaving just 7.9MW available in the market. The largest availability within a single data center is 5MW in Cirion’s recently delivered project. The development pipeline is showing similar markers of expansion: Capacity under construction increased from 95MW in H1 2025 to 106MW in H2, and planned capacity reached 275MW in H2, up from 79MW in H1.
Chile recognizes the opportunity presented by data center investment, and the Ministry of Science officially launched its Data Center Investment Guide in September as more than $4 billion in projects move forward. The guide serves as a how-to resource with recommendations to reduce friction and help companies expedite their preparations for data center development, while also serving as a marketing tool to highlight the advantages of building in Chile.
