CloudHQ Invests US$4.8 Billion in Queretaro’s Data Center Campus

CloudHQ, one of the world’s largest data center developers, announced a landmark US$4.8 billion investment in Queretaro to build a mega campus comprising six critical computing and cloud storage facilities designed to support AI services. The project is expected to generate 7,200 jobs in construction, with 900 being permanent highly qualified positions once operational.

“We are building the necessary highway for the new economy linked to AI,” says Marcelo Ebrard, Minister of Economy.

During the morning press conference, where the announcement was made, Keith Harney, COO, CloudHQ, highlighted that the company has already secured initial energy capacity to power the first 200MW of the campus’s planned 900MW critical computing load. With this foundation, the company will move forward with a long-term leasing contract with a leading global technology firm and commence construction. He noted that the campus will be developed on a 52ha site and supported by a 900MW private substation and a 2GW maneuvering substation, both expected to be operational by 2027.

The development will also include over US$250 million in capital investment before construction, averaging US$800 million per building. In line with global standards, the campus will adopt a sustainable design, incorporating water-free cooling systems and pursuing LEED Gold and Silver certifications. Harney underscored that CloudHQ will rely heavily on Mexico’s supply chain for construction and services, which is expected to generate a substantial number of indirect and auxiliary jobs in related industries.

According to Harney, the campus is poised to become a regional benchmark for Latin America, advancing Mexico’s role in the global digital economy. “This campus will not only reinforce Mexico’s position in the digital economy, it will expand it. We are confident it will become a reference point for the region,” he says.

CloudHQ expects the project to deliver three to five times tenant investment in construction costs and create nearly three times the number of jobs generated directly by tenant operations. With construction underway and infrastructure delivery scheduled for 2027.