IBOV 175,664.62 ▲ 0.30% IPSA 11,445.90 ▼ 0.22% IPC MEX 65,484.32 ▼ 0.53% MERVAL 2,979,472 ▼ 0.72% COLCAP 2,457.87 ▼ 1.28% BVL PERÚ 60,779.49 ▼ 1.40% USD/BRL5.21▲ 0.25% USD/MXN17.02▼ 0.12% USD/CLP930.58— 0.00% USD/COP3,200— 0.00% USD/PEN3.36▲ 0.41% USD/ARS1,512▼ 0.03% USD/UYU40.27▲ 1.47% USD/PYG5,900▲ 1.27% USD/BOB11.78▲ 3.30% USD/DOP58.75▲ 0.24% USD/CRC446.65▲ 0.97% USD/GTQ7.62▲ 2.20% USD/HNL26.84▲ 0.40% USD/NIO36.62— 0.00% USD/VES793.00▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.72▲ 0.84% EUR/BRL6.04▲ 0.17% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 175,664.62 ▲ 0.30% IPSA 11,445.90 ▼ 0.22% IPC MEX 65,484.32 ▼ 0.53% MERVAL 2,979,472 ▼ 0.72% COLCAP 2,457.87 ▼ 1.28% BVL PERÚ 60,779.49 ▼ 1.40% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
since 2009
Monday, August 31, 2026

Caribbean Business

Trinidad’s First Data-Center Deals: Two US Firms, 450 Megawatts

By · July 13, 2026 · 6 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

Technology

Key Facts

The deals. Trinidad and Tobago signed two memorandums of understanding with United States firms to explore building data centers.

The partners. Florida-based Hummingbird AI Holdings and New York-based Ernst and Young signed the agreements on Friday.

The scale. The proposals cover a 150-megawatt AI facility and a separate 300-megawatt data center.

The first. The government says these are the first such data-center agreements with a Caribbean country.

The worry. Critics warn about heavy energy and water use in a country with a history of water shortages.

Trinidad and Tobago has signed its first Trinidad data center agreements, betting on artificial intelligence to help build an economy beyond oil and gas.

Rows of server racks in a data centre, Trinidad data center
Server racks in a data centre. Trinidad’s two proposed sites would draw 450 megawatts between them. (Photo: BalticServers.com, CC BY-SA 3.0, via Wikimedia Commons)
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
RT
Ask Rio Times
Latin American markets, currencies and companies.
Open the full Ask Rio Times →

The two memorandums of understanding were signed on Friday, according to the office of Prime Minister Kamla Persad-Bissessar. Both are with United States companies, and the government calls them the first such deals with a Caribbean nation.

One agreement is with Hummingbird AI Holdings, headquartered in Florida. The other is with Ernst and Young, the New York-based professional-services firm.

What the Trinidad data center deals cover

The Hummingbird agreement sets up a framework for preliminary cooperation, due diligence and coordination. It is aimed at a proposed 150-megawatt facility for artificial-intelligence infrastructure.

The Ernst and Young deal is broader. The firm plans to partner with third parties to develop a separate 300-megawatt data center, a large installation by any measure.

A megawatt figure describes a data center’s electrical power capacity at peak load. A 300-megawatt site can draw about 300 million watts, roughly the appetite of a small city.

It is worth being precise about what these documents are. They are early-stage frameworks for study and cooperation, not final investment decisions or committed builds.

Why the Trinidad data center bet matters

For a foreign reader, the context is an economy in transition. Trinidad has lived off oil and gas for a century, but its fields are ageing and energy revenue is sliding.

That decline has left the country short of foreign currency and hunting for a second engine of growth. A push into artificial intelligence and data services is the bet now on the table.

The deals also fit a wider pattern. American money is fanning out across Latin America and the Caribbean in search of sites for the power-hungry computing that artificial intelligence demands.

But the plan lands on a sensitive nerve. Data centers of this size consume large amounts of electricity and water, and Trinidad has long struggled with chronic water shortages and unreliable supply.

Critics have already spoken up. One prominent local activist told the Associated Press he was worried about the energy the centers would use, calling the announcement development in appearance more than in substance.

The tension is real and specific to Trinidad. Modern data centers are among the thirstiest and most power-hungry buildings a country can host, and this is a nation that already rations water in parts of the year.

The deals also build on a stated national ambition. Only two weeks ago, business leaders gathered at the country’s tech summit to pitch the islands as a home for artificial-intelligence and cybersecurity work.

These agreements turn that talk into something more concrete. Whether they become real buildings will depend on the due-diligence work the memorandums are designed to start.

For investors, the signal is what matters most right now. It shows a small petro-economy actively courting the infrastructure behind the artificial-intelligence boom, rather than watching that money flow only to larger neighbours.

The catch is the gap between a framework and a foundation. A signed memorandum commits neither side to build, and the hardest questions, on power supply and water, are exactly the ones still to be answered.

There is a regional dimension too. If the projects proceed, Trinidad would leapfrog larger Caribbean peers to host some of the first heavyweight artificial-intelligence infrastructure in the region.

For now, the story is a statement of direction more than a finished deal. A gas economy is trying to buy a stake in the computing age, and the next months of due diligence will show whether the bet pays off.

What are the Trinidad data center agreements?

They are two memorandums of understanding signed on Friday with United States firms Hummingbird AI Holdings and Ernst and Young. One covers a proposed 150-megawatt artificial-intelligence facility and the other a separate 300-megawatt data center, and the government says they are the first such deals with a Caribbean country.

Why is Trinidad pursuing data center investment?

Trinidad’s oil and gas fields are ageing and energy revenue is falling, leaving the country short of foreign currency. It is trying to build a second economic engine in technology, and large data centers tied to artificial intelligence are part of that diversification bet.

What are the concerns about the Trinidad data center plans?

Data centers of this size use large amounts of electricity and water. Trinidad has a history of chronic water shortages and intermittent supply, so critics question whether such facilities would strain an already overstretched system rather than deliver real development.

Frequently Asked Questions

Which companies signed data center agreements with Trinidad and Tobago?

Trinidad and Tobago signed memorandums of understanding with two US firms: Florida-based Hummingbird AI Holdings and New York-based Ernst and Young. Both agreements were signed on Friday, according to the office of Prime Minister Kamla Persad-Bissessar.

How large are the proposed data center facilities in Trinidad and Tobago?

The two proposed facilities would draw a combined 450 megawatts of power. The Hummingbird AI Holdings agreement covers a 150-megawatt AI infrastructure facility, while the Ernst and Young deal involves a separate 300-megawatt data center.

What concerns have critics raised about the Trinidad and Tobago data center plans?

Critics have warned about the heavy energy and water use that data centers require. This is a particular concern in Trinidad and Tobago, which has a history of water shortages.

Connected Coverage

Trinidad and Tobago Tech Hub Push Targets Life Beyond Gas

ExxonMobil Puts $935,000 Into Training Trinidadians for Oil

US Money Enters Brazil’s Data Center Race as Ares Breaks Ground

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

LatAm Markets: Live Signals → — real-time movers, turnover leaders and FX across Latin America.

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.