# Novva snaps up 3.17GW of Argentine renewable power

> Singapore-based infrastructure firm acquires massive wind and solar portfolio to power AI data centres across Latin America.
- Title: Novva snaps up 3.17GW of Argentine renewable power | Shortify
- Summary: Singapore-based infrastructure firm acquires massive wind and solar portfolio to power AI data centres across Latin America. Novva is rapidly scaling…
- Keywords: novva, abo energy, argentina, renewable energy, wind power, solar power, data centres, ai infrastructure, latin america, acquisition, singapore, business
- Source: Yahoo Finance — https://finance.yahoo.com/energy/articles/novva-acquire-3-17gw-argentine-104502063.html
- Published: 2026-09-16T10:45:02+00:00
- Read time: 1 min
- Topics: novva, abo energy, argentina, renewable energy, wind power, solar power, data centres, ai infrastructure, latin america, acquisition, singapore, business
## Novva buys Argentine renewable portfolio
Singapore-based Novva Group signed a binding agreement to acquire 3.17 gigawatts of renewable energy projects in Argentina from Germany-based ABO Energy.

> Securing this 3.17GW portfolio marks a decisive leap in our Latin America pipeline.
## Deal signed in Paris by both CEOs
ABO Energy managing director Karsten Schlageter and Novva founder and CEO Steven Liu signed the agreement in Paris.
## Projects still in development stage
The Argentine portfolio includes renewable energy projects currently in development, with formal completion expected in coming months after due diligence.
## Builds on Colombia solar success
This follows Novva's earlier acquisition of three solar projects in Colombia with combined capacity of approximately 40 megawatts from the same seller.
## Powering AI data centre expansion
Novva is assembling renewable energy assets to power AI data centres and infrastructure across Latin America as computing demand surges.

> As computing demand reshapes global energy requirements, assembling high-quality wind and solar assets at scale delivers the certainty and bankability the AI economy demands.
## ABO Energy refocuses on core markets
ABO Energy is selling development-stage assets to focus on core markets, continuing its successful collaboration with Novva after selling a 4.4GW wind portfolio to Fortum in December 2025.

> The upcoming transaction is in line with our strategy of focusing on core markets.
## Key takeaway

Novva is rapidly scaling renewable energy assets in Latin America to meet surging AI computing demand, positioning itself as a top regional player.