CloudHQ Announces USD 4.8 Billion Mega Investment for Data Center in Querétaro

CloudHQ, one of the world’s largest data center developers, announced an investment of USD 4.8 billion for the construction of a hyperscale campus with six facilities. The project will be built on a 55-hectare site in Querétaro to support cloud and artificial intelligence services.

Querétaro has established itself as a key hub for data centers in Latin America, in a context where digital infrastructure is essential to sustain the growth of artificial intelligence.

During the presentation of the project, Keith Harney, Chief Operating Officer of CloudHQ, explained that the campus represents a strategic step for Mexico’s technological development and a clear message to the global digital ecosystem.

“We are presenting the campus with six hyperscale data centers located in Querétaro. We believe this will strengthen and expand Mexico’s position in the digital economy,” he said.

Harney specified that the design features cutting-edge infrastructure capable of simultaneously handling critical workloads related to artificial intelligence, cloud storage, and large-scale digital services.

“Our Querétaro campus will span 55 hectares with six centers dedicated to cloud and AI. We have worked with CFE and Cenace through a switching substation that will support the expansion of the regional grid and the campus itself. The clear goal is to have it ready by Q2 2027,” Harney added.

Investment, capacity, and timeline of CloudHQ’s Querétaro campus

The executive highlighted that the investment model does not rely solely on CloudHQ but also on the companies that will lease the campus.

“We are making this investment, but in reality, the digital companies that are tenants are also investing. Construction costs include additional contributions of USD 3 to 5 million, on top of the initial USD 250 million we committed in 2021. This reflects the ecosystem’s commitment to Mexico.”

Harney also emphasized the impact on local supply chains:

“We are confident we can move forward smoothly because we are growing together with Mexican supply chains. For us, developing the campus is not only about technological infrastructure, but also about greater integration with national suppliers.”

Employment, energy, and sustainability: regional impact of the data center

Marcelo Ebrard, Secretary of Economy, highlighted that the project marks a milestone for the country in terms of digital infrastructure and positions Mexico as a strategic player in the AI economy.

“The implications are positive for Mexico, as this will build the highway for what artificial intelligence means in the country,” he said.

Ebrard explained that the new global economy will largely depend on the ability of countries to support the expansion of data-driven services, and Mexico must anticipate that trend.

“The economy we will live in over the coming years will be tied to artificial intelligence, and Mexico must have the necessary infrastructure. This campus in Querétaro becomes a solid base to sustain that process and attract complementary investment.”

He also stressed the labor impact of the project:

“We are talking about 7,200 construction jobs and 900 permanent jobs requiring high-level specialization. All services will be connected to these types of data centers, and that is why this investment is so important: because of its size, the number of jobs, and its strategic role in the Mexican economy.”

Both CloudHQ and the Ministry of Economy underscored the support of CFE and Cenace, which will participate in the creation of a power substation with a capacity of up to 900 MW. The goal is to guarantee a reliable energy supply under a responsible expansion of the regional grid, enabling Querétaro to sustain a project of this scale.

The company stated that sustainability will be one of the pillars of the campus. Measures include water-free cooling technology to minimize water consumption, design certified under LEED Gold/Silver standards, and adoption of the CloudHQ sustainable design standard.