Omnia Signs $2 Billion Energy Deal for TikTok Site
Omnia and Casa dos Ventos signed a $2 billion deal to power a TikTok data center in Brazil. The 20-year agreement will use wind energy for the large facility.
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Omnia, a platform of Patria Investments, signed a $2 billion, 20-year energy deal with Casa dos Ventos to power Brazil's largest data center. The $39.87 billion facility in Ceara will serve TikTok-owner ByteDance, marking the largest contract in Casa dos Ventos' history. This deal secures long-term renewable power for the expansion while supporting a 2.1-gigawatt increase in regional wind capacity.
