You are here: Home » 2025 » September » Archives for 4th

Coventry e Alan Buerger Solicitam Extinção de Processo da Abacus

FORT WASHINGTON, Pa., Sept. 04, 2025 (GLOBE NEWSWIRE) — A Coventry First LLC (“Coventry”) e seu Co–Fundador e Presidente Executivo, Alan H. Buerger, anunciaram hoje que deram entrada em uma Moção de Indeferimento do processo da Abacus Global Management, Inc. (“Abacus”) no Tribunal Distrital dos EUA do Distrito Médio da Flórida em 29 de agosto de 2025. A completa Moção de Extinção do Processo pode ser encontrada aqui.

Na moção, a Coventry e o Sr. Buerger expressam sua opinião de que o processo da Abacus é um esforço para silenciar um debate protegido pela constituição. Destaques da Moção:

“A Primeira Emenda expressa 'um profundo compromisso nacional com o princípio de que o debate sobre questões públicas deve ser desinibido, vigoroso e aberto'. No entanto, a Abacus está tentando reverter esse princípio. Diante de críticas sobre sérios problemas da sua própria autoria, a Abacus entrou com esse processo sem mérito para amordaçar aqueles que destacaram a verdade ou expressaram suas opiniões constitucionalmente protegidas. Isso não pode acontecer.”

A Moção também destaca que a Abacus investiu e confiou profundamente na Lapetus Solutions, Inc. (“Lapetus”) como a principal provedora dos dados de expectativa de vida — mas a Lapetus anunciou publicamente que encerrou todas as operações no dia 31 de agosto de 2025. Este acontecimento ressalta as preocupações levantadas em relação às práticas da Abacus e a importância do debate aberto sobre a indústria de seguros em vida.

“O processo da Abacus é uma tentativa de silenciar um debate vigoroso sobre questões importantes que afetam a indústria de seguro em vida, incluindo a confiabilidade das estimativas de expectativa de vida”, disse Buerger. “Divulgações transparentes promovem os interesses dos investidores, reguladores e do mercado de seguro em vida como um todo, e a Primeira Emenda protege o direito de expressar opiniões e preocupações, particularmente em assuntos de interesse público.”

Sobre a Coventry

A Coventry é líder e criadora do mercado secundário de seguros de vida. Há mais de 20 anos, impulsionamos o setor e expandimos as oportunidades para os segurados de vida. A profunda experiência da Coventry, combinada com um determinado compromisso com os direitos do consumidor faz da Coventry a clara líder de mercado, uma posição que usamos para elevar os padrões da indústria e expandir a escolha do consumidor. Até o momento, entregamos mais de US $6 bilhões a segurados que não precisam mais de suas apólices. Para mais informações sobre a Coventry, visite Coventry.com.

FONTE Coventry


GLOBENEWSWIRE (Distribution ID 9523402)

Coventry und Alan Buerger beantragen die Abweisung der Abacus-Klage

FORT WASHINGTON, Pennsylvania, Sept. 04, 2025 (GLOBE NEWSWIRE) — Coventry First LLC („Coventry“) und sein Mitbegründer und Vorstandsvorsitzender Alan H. Buerger gaben heute bekannt, dass sie einen Antrag auf Abweisung der Klage gestellt haben, die Abacus Global Management, Inc. („Abacus“) am 29. August 2025 beim US–Bezirksgericht für den mittleren Bezirk von Florida eingereicht hatte. Der vollständige Antrag auf Abweisung ist hier zu finden.

In der Klagebegründung bringen Coventry und Herr Buerger ihre Ansicht zum Ausdruck, dass die Klage von Abacus ein Versuch ist, eine verfassungsrechtlich geschützte Debatte zu unterbinden. Wie es in dem Antrag heißt:

„Der erste Zusatzartikel zum Verfassungszusatz drückt ‚ein tiefes nationales Bekenntnis zu dem Grundsatz aus, dass die Debatte über öffentliche Angelegenheiten ungehemmt, lebhaft und offen geführt werden sollte‘. Abacus versucht jedoch, dieses Prinzip umzustoßen. Angesichts der Kritik an den von ihr selbst verursachten schwerwiegenden Problemen hat Abacus diese unbegründete Klage eingereicht, um diejenigen mundtot zu machen, die die Wahrheit aufgezeigt oder ihre verfassungsmäßig geschützten Meinungen geäußert haben. Das ist so nicht rechtens.“

Der Antrag hebt auch hervor, dass Abacus in Lapetus Solutions, Inc. („Lapetus“) als seinen wichtigsten Anbieter für Lebenserwartungsdaten investiert und sich stark auf dieses Unternehmen verlassen hat – Lapetus hat jedoch öffentlich bekannt gegeben, dass es alle Aktivitäten zum 31. August 2025 einstellen wird. Diese Entwicklung unterstreicht die Bedenken, die hinsichtlich der Praktiken von Abacus geäußert wurden, sowie die Bedeutung einer offenen Debatte über die Lebensversicherungsbranche.

„Die Beschwerde von Abacus ist ein Versuch, die lebhafte Debatte über wichtige Themen, die die Lebensversicherungsbranche betreffen, darunter die Zuverlässigkeit von Schätzungen zur Lebenserwartung, zu unterbinden“, so Herr Buerger. „Transparente Offenlegungen fördern die Interessen von Anlegern, Aufsichtsbehörden und dem gesamten Markt für Lebensversicherungsabwicklungen, und der Erste Verfassungszusatz schützt das Recht, Meinungen und Bedenken zu äußern, insbesondere in Angelegenheiten von solch öffentlichem Interesse.“

Über Coventry

Coventry ist Marktführer und Begründer des Sekundärmarktes für Lebensversicherungen. Seit mehr als 20 Jahren treiben wir die Branche voran und erweitern die Möglichkeiten für Lebensversicherungsnehmer. Die umfassende Erfahrung von Coventry in Verbindung mit einem starken Engagement für Verbraucherrechte macht Coventry zum klaren Marktführer. Diese Position nutzen wir, um die Branchenstandards anzuheben und die Auswahlmöglichkeiten für Verbraucher zu erweitern. Bis heute haben wir mehr als 6 Milliarden Dollar an Versicherungsnehmer ausgezahlt, die ihre Policen nicht mehr benötigen. Weitere Informationen über Coventry finden Sie unter Coventry.com.

QUELLE: Coventry 


GLOBENEWSWIRE (Distribution ID 9523402)

Coventry et Alan Buerger demandent le rejet de la plainte d’Abacus

FORT WASHINGTON, Pennsylvanie, 04 sept. 2025 (GLOBE NEWSWIRE) — Coventry First LLC (« Coventry ») et son cofondateur et président exécutif, Alan H. Buerger, ont annoncé ce jour avoir déposé une requête en rejet de la plainte déposée par Abacus Global Management, Inc. (« Abacus ») devant le tribunal de district américain du district central de Floride le 29 août 2025. L’intégralité de la requête en rejet est disponible ici.

Dans leur requête, Coventry et M. Buerger estiment que la plainte d’Abacus vise à étouffer un débat protégé par la Constitution. Comme l’indique la motion :

« Le Premier amendement exprime un profond attachement national pour un principe : le débat sur les questions publiques doit être libre, ferme et ouvert. » Abacus cherche cependant à renverser ce principe. Face aux critiques concernant de graves problèmes dont elle est elle–même responsable, Abacus a intenté cette action en justice infondée pour museler ceux qui ont révélé la vérité ou exprimé leur opinion. Cela n’est pas possible. »

La motion souligne également qu’Abacus a investi dans Lapetus Solutions, Inc. (« Lapetus »), sur laquelle elle s’est fortement appuyée comme principal fournisseur de solutions d’évaluation de l’espérance de vie. Or, Lapetus a annoncé publiquement la cessation de toutes ses activités à compter du 31 août 2025. Cette évolution souligne les inquiétudes soulevées quant aux pratiques d’Abacus et l’importance d’un débat ouvert sur le secteur du règlement des assurances–vie.

« La plainte d’Abacus vise à étouffer tout débat sérieux sur des questions importantes touchant au secteur du règlement des assurances–vie, notamment la fiabilité des estimations d’espérance de vie », a déclaré M. Buerger. « La transparence des informations sert les intérêts des investisseurs, des régulateurs et du marché du règlement des assurances–vie dans son ensemble, et le Premier amendement protège le droit d’exprimer ses opinions et ses préoccupations, notamment sur des questions d’intérêt public. »

À propos de Coventry

Coventry est le leader et le créateur du marché secondaire de l’assurance–vie. Depuis plus de 20 ans, l’entreprise fait progresser le secteur et élargit les opportunités offertes aux titulaires d’assurance–vie. Grâce à son expérience approfondie et à son engagement en faveur des droits des consommateurs, elle est un leader incontesté du marché. Une position dont elle tire profit pour améliorer les normes du secteur et étoffer le choix des consommateurs. À ce jour, Coventry a versé plus de 6 milliards de dollars à des assurés qui n’avaient plus besoin de leur police. Pour en savoir plus, rendez–vous sur Coventry.com.

Source : Coventry


GLOBENEWSWIRE (Distribution ID 9523402)

Coventry et Alan Buerger demandent le rejet de la plainte d’Abacus

FORT WASHINGTON, Pennsylvanie, 04 sept. 2025 (GLOBE NEWSWIRE) — Coventry First LLC (« Coventry ») et son cofondateur et président exécutif, Alan H. Buerger, ont annoncé ce jour avoir déposé une requête en rejet de la plainte déposée par Abacus Global Management, Inc. (« Abacus ») devant le tribunal de district américain du district central de Floride le 29 août 2025. L’intégralité de la requête en rejet est disponible ici.

Dans leur requête, Coventry et M. Buerger estiment que la plainte d’Abacus vise à étouffer un débat protégé par la Constitution. Comme l’indique la motion :

« Le Premier amendement exprime un profond attachement national pour un principe : le débat sur les questions publiques doit être libre, ferme et ouvert. » Abacus cherche cependant à renverser ce principe. Face aux critiques concernant de graves problèmes dont elle est elle–même responsable, Abacus a intenté cette action en justice infondée pour museler ceux qui ont révélé la vérité ou exprimé leur opinion. Cela n’est pas possible. »

La motion souligne également qu’Abacus a investi dans Lapetus Solutions, Inc. (« Lapetus »), sur laquelle elle s’est fortement appuyée comme principal fournisseur de solutions d’évaluation de l’espérance de vie. Or, Lapetus a annoncé publiquement la cessation de toutes ses activités à compter du 31 août 2025. Cette évolution souligne les inquiétudes soulevées quant aux pratiques d’Abacus et l’importance d’un débat ouvert sur le secteur du règlement des assurances–vie.

« La plainte d’Abacus vise à étouffer tout débat sérieux sur des questions importantes touchant au secteur du règlement des assurances–vie, notamment la fiabilité des estimations d’espérance de vie », a déclaré M. Buerger. « La transparence des informations sert les intérêts des investisseurs, des régulateurs et du marché du règlement des assurances–vie dans son ensemble, et le Premier amendement protège le droit d’exprimer ses opinions et ses préoccupations, notamment sur des questions d’intérêt public. »

À propos de Coventry

Coventry est le leader et le créateur du marché secondaire de l’assurance–vie. Depuis plus de 20 ans, l’entreprise fait progresser le secteur et élargit les opportunités offertes aux titulaires d’assurance–vie. Grâce à son expérience approfondie et à son engagement en faveur des droits des consommateurs, elle est un leader incontesté du marché. Une position dont elle tire profit pour améliorer les normes du secteur et étoffer le choix des consommateurs. À ce jour, Coventry a versé plus de 6 milliards de dollars à des assurés qui n’avaient plus besoin de leur police. Pour en savoir plus, rendez–vous sur Coventry.com.

Source : Coventry


GLOBENEWSWIRE (Distribution ID 9523401)

Coventry e Alan Buerger Solicitam Extinção de Processo da Abacus

FORT WASHINGTON, Pa., Sept. 04, 2025 (GLOBE NEWSWIRE) — A Coventry First LLC (“Coventry”) e seu Co–Fundador e Presidente Executivo, Alan H. Buerger, anunciaram hoje que deram entrada em uma Moção de Indeferimento do processo da Abacus Global Management, Inc. (“Abacus”) no Tribunal Distrital dos EUA do Distrito Médio da Flórida em 29 de agosto de 2025. A completa Moção de Extinção do Processo pode ser encontrada aqui.

Na moção, a Coventry e o Sr. Buerger expressam sua opinião de que o processo da Abacus é um esforço para silenciar um debate protegido pela constituição. Destaques da Moção:

“A Primeira Emenda expressa 'um profundo compromisso nacional com o princípio de que o debate sobre questões públicas deve ser desinibido, vigoroso e aberto'. No entanto, a Abacus está tentando reverter esse princípio. Diante de críticas sobre sérios problemas da sua própria autoria, a Abacus entrou com esse processo sem mérito para amordaçar aqueles que destacaram a verdade ou expressaram suas opiniões constitucionalmente protegidas. Isso não pode acontecer.”

A Moção também destaca que a Abacus investiu e confiou profundamente na Lapetus Solutions, Inc. (“Lapetus”) como a principal provedora dos dados de expectativa de vida — mas a Lapetus anunciou publicamente que encerrou todas as operações no dia 31 de agosto de 2025. Este acontecimento ressalta as preocupações levantadas em relação às práticas da Abacus e a importância do debate aberto sobre a indústria de seguros em vida.

“O processo da Abacus é uma tentativa de silenciar um debate vigoroso sobre questões importantes que afetam a indústria de seguro em vida, incluindo a confiabilidade das estimativas de expectativa de vida”, disse Buerger. “Divulgações transparentes promovem os interesses dos investidores, reguladores e do mercado de seguro em vida como um todo, e a Primeira Emenda protege o direito de expressar opiniões e preocupações, particularmente em assuntos de interesse público.”

Sobre a Coventry

A Coventry é líder e criadora do mercado secundário de seguros de vida. Há mais de 20 anos, impulsionamos o setor e expandimos as oportunidades para os segurados de vida. A profunda experiência da Coventry, combinada com um determinado compromisso com os direitos do consumidor faz da Coventry a clara líder de mercado, uma posição que usamos para elevar os padrões da indústria e expandir a escolha do consumidor. Até o momento, entregamos mais de US $6 bilhões a segurados que não precisam mais de suas apólices. Para mais informações sobre a Coventry, visite Coventry.com.

FONTE Coventry


GLOBENEWSWIRE (Distribution ID 9523401)

Coventry e Alan Buerger Solicitam Extinção de Processo da Abacus

FORT WASHINGTON, Pa., Sept. 04, 2025 (GLOBE NEWSWIRE) — A Coventry First LLC (“Coventry”) e seu Co–Fundador e Presidente Executivo, Alan H. Buerger, anunciaram hoje que deram entrada em uma Moção de Indeferimento do processo da Abacus Global Management, Inc. (“Abacus”) no Tribunal Distrital dos EUA do Distrito Médio da Flórida em 29 de agosto de 2025. A completa Moção de Extinção do Processo pode ser encontrada aqui.

Na moção, a Coventry e o Sr. Buerger expressam sua opinião de que o processo da Abacus é um esforço para silenciar um debate protegido pela constituição. Destaques da Moção:

“A Primeira Emenda expressa 'um profundo compromisso nacional com o princípio de que o debate sobre questões públicas deve ser desinibido, vigoroso e aberto'. No entanto, a Abacus está tentando reverter esse princípio. Diante de críticas sobre sérios problemas da sua própria autoria, a Abacus entrou com esse processo sem mérito para amordaçar aqueles que destacaram a verdade ou expressaram suas opiniões constitucionalmente protegidas. Isso não pode acontecer.”

A Moção também destaca que a Abacus investiu e confiou profundamente na Lapetus Solutions, Inc. (“Lapetus”) como a principal provedora dos dados de expectativa de vida — mas a Lapetus anunciou publicamente que encerrou todas as operações no dia 31 de agosto de 2025. Este acontecimento ressalta as preocupações levantadas em relação às práticas da Abacus e a importância do debate aberto sobre a indústria de seguros em vida.

“O processo da Abacus é uma tentativa de silenciar um debate vigoroso sobre questões importantes que afetam a indústria de seguro em vida, incluindo a confiabilidade das estimativas de expectativa de vida”, disse Buerger. “Divulgações transparentes promovem os interesses dos investidores, reguladores e do mercado de seguro em vida como um todo, e a Primeira Emenda protege o direito de expressar opiniões e preocupações, particularmente em assuntos de interesse público.”

Sobre a Coventry

A Coventry é líder e criadora do mercado secundário de seguros de vida. Há mais de 20 anos, impulsionamos o setor e expandimos as oportunidades para os segurados de vida. A profunda experiência da Coventry, combinada com um determinado compromisso com os direitos do consumidor faz da Coventry a clara líder de mercado, uma posição que usamos para elevar os padrões da indústria e expandir a escolha do consumidor. Até o momento, entregamos mais de US $6 bilhões a segurados que não precisam mais de suas apólices. Para mais informações sobre a Coventry, visite Coventry.com.

FONTE Coventry


GLOBENEWSWIRE (Distribution ID 9523401)

Coventry und Alan Buerger beantragen die Abweisung der Abacus-Klage

FORT WASHINGTON, Pennsylvania, Sept. 04, 2025 (GLOBE NEWSWIRE) — Coventry First LLC („Coventry“) und sein Mitbegründer und Vorstandsvorsitzender Alan H. Buerger gaben heute bekannt, dass sie einen Antrag auf Abweisung der Klage gestellt haben, die Abacus Global Management, Inc. („Abacus“) am 29. August 2025 beim US–Bezirksgericht für den mittleren Bezirk von Florida eingereicht hatte. Der vollständige Antrag auf Abweisung ist hier zu finden.

In der Klagebegründung bringen Coventry und Herr Buerger ihre Ansicht zum Ausdruck, dass die Klage von Abacus ein Versuch ist, eine verfassungsrechtlich geschützte Debatte zu unterbinden. Wie es in dem Antrag heißt:

„Der erste Zusatzartikel zum Verfassungszusatz drückt ‚ein tiefes nationales Bekenntnis zu dem Grundsatz aus, dass die Debatte über öffentliche Angelegenheiten ungehemmt, lebhaft und offen geführt werden sollte‘. Abacus versucht jedoch, dieses Prinzip umzustoßen. Angesichts der Kritik an den von ihr selbst verursachten schwerwiegenden Problemen hat Abacus diese unbegründete Klage eingereicht, um diejenigen mundtot zu machen, die die Wahrheit aufgezeigt oder ihre verfassungsmäßig geschützten Meinungen geäußert haben. Das ist so nicht rechtens.“

Der Antrag hebt auch hervor, dass Abacus in Lapetus Solutions, Inc. („Lapetus“) als seinen wichtigsten Anbieter für Lebenserwartungsdaten investiert und sich stark auf dieses Unternehmen verlassen hat – Lapetus hat jedoch öffentlich bekannt gegeben, dass es alle Aktivitäten zum 31. August 2025 einstellen wird. Diese Entwicklung unterstreicht die Bedenken, die hinsichtlich der Praktiken von Abacus geäußert wurden, sowie die Bedeutung einer offenen Debatte über die Lebensversicherungsbranche.

„Die Beschwerde von Abacus ist ein Versuch, die lebhafte Debatte über wichtige Themen, die die Lebensversicherungsbranche betreffen, darunter die Zuverlässigkeit von Schätzungen zur Lebenserwartung, zu unterbinden“, so Herr Buerger. „Transparente Offenlegungen fördern die Interessen von Anlegern, Aufsichtsbehörden und dem gesamten Markt für Lebensversicherungsabwicklungen, und der Erste Verfassungszusatz schützt das Recht, Meinungen und Bedenken zu äußern, insbesondere in Angelegenheiten von solch öffentlichem Interesse.“

Über Coventry

Coventry ist Marktführer und Begründer des Sekundärmarktes für Lebensversicherungen. Seit mehr als 20 Jahren treiben wir die Branche voran und erweitern die Möglichkeiten für Lebensversicherungsnehmer. Die umfassende Erfahrung von Coventry in Verbindung mit einem starken Engagement für Verbraucherrechte macht Coventry zum klaren Marktführer. Diese Position nutzen wir, um die Branchenstandards anzuheben und die Auswahlmöglichkeiten für Verbraucher zu erweitern. Bis heute haben wir mehr als 6 Milliarden Dollar an Versicherungsnehmer ausgezahlt, die ihre Policen nicht mehr benötigen. Weitere Informationen über Coventry finden Sie unter Coventry.com.

QUELLE: Coventry 


GLOBENEWSWIRE (Distribution ID 9523401)

Guinea-Bissau President Embaló Joins GCA Advisory Board to Strengthen Climate Adaptation

Rotterdam, Netherlands / Bissau, Guinea–Bissau, Sept. 04, 2025 (GLOBE NEWSWIRE) — The Global Center on Adaptation (GCA) is pleased to welcome His Excellency Umaro Sissoco Embaló, President of the Republic of Guinea–Bissau, to its Advisory Board. President Embaló joins an eminent group of leaders, experts, and changemakers committed to advancing climate resilience and adaptation solutions worldwide.

“As communities from the Bijagós Archipelago to the Sahel face rising climate risks, President Embaló brings invaluable experience and resolve. His service will help the GCA deepen partnerships, accelerate adaptation finance, and deliver protection for those on the front lines,” said H.E. Ban Ki–moon, Honorary Chair of the Global Center on Adaptation and 8th Secretary–General of the United Nations.

“I warmly welcome President Embaló to our Advisory Board. West Africa is already confronting coastal erosion, saltwater intrusion, and climate shocks. His practical leadership will strengthen our work to scale solutions across the region and crowd in the investment needed for resilient growth,” said H.E. Macky Sall, Chair of the Board of the Global Center on Adaptation and 4thPresident of Senegal.

“As we confront the escalating impacts of climate change, it is imperative that nations work together to secure a sustainable future,” said Professor Patrick Verkooijen, President and CEO of GCA. “President Embaló’s visionary leadership and deep understanding of the vulnerabilities facing small and low–lying states will be invaluable as we drive forward our mission to deliver transformative adaptation solutions.”

Guinea–Bissau, one of the world’s most climate–vulnerable countries, has seen rising sea levels, increasingly erratic rainfall, and coastal erosion threaten communities, ecosystems, and food security. Under President Embaló’s guidance, the nation has launched ambitious initiatives to strengthen coastal defenses, promote climate–smart agriculture and build community–level resilience.

Expressing his commitment to the GCA’s work, President Umaro Sissoco Embaló stated: “I am deeply honored to join the GCA Advisory Board at this critical moment for our planet. Guinea–Bissau’s people have shown extraordinary resilience in the face of floods, droughts, and erosion. By working alongside GCA’s global network, we will accelerate efforts to safeguard vulnerable communities, harness innovative adaptation finance, and ensure that no one is left behind in our collective pursuit of climate security.”

As an Advisory Board member, President Embaló will counsel GCA on strategic priorities in West Africa, help foster public–private partnerships, and advocate for inclusive adaptation policies at regional and international forums.


GLOBENEWSWIRE (Distribution ID 9523384)

History made as stateless person granted Nauruan citizenship under innovative new program

AUCKLAND, New Zealand, Sept. 04, 2025 (GLOBE NEWSWIRE) — A stateless person has become a Nauruan citizen under an innovative citizenship program that helps fund economic and climate resilience.

The Kuwaiti national’s citizenship granted through Nauru’s Economic and Climate Resilience Citizenship Program highlights the advantages the scheme offers to countless other stateless people around the world.

The program’s offering includes a politically neutral alternative passport for an applicant and their family, along with the chance to contribute to climate crisis solutions in the South Pacific.

CEO Edward Clark said the Kuwaiti national was granted citizenship following an in–depth due diligence process involving financial intelligence units, police, and third–party checks.

He said there was a common misconception that all who are stateless have no documentation or had done something wrong but this was not correct.

“We would not approve someone unless we could verify who they are, their history and other required information, and this person was able to demonstrate his eligibility with strong documentary proof, despite his status.

“He is a highly successful and motivated individual, who through no fault of his own is stateless,” he said.

Mr Clark said there are many individuals worldwide who encounter comparable challenges in that their statelessness is due to circumstances beyond their control, and “many of them would be ideally suited for our program.”

“While many people who apply for citizenship through the program may be seeking a second passport that can provide a valuable safety net in times of global instability, for stateless people it can provide mobility and security they’ve never before experienced.”

The Institute on Statelessness and Inclusion has estimated there are at least 15 million stateless people globally.

According to Aleksejs Ivashuk, the founder of advocacy group Apatride Network, migration by investment programs “will benefit the stateless individuals who can open more realistic pathways out of statelessness…(and) benefit the host countries that run these programmes.”

Mr Ivashuk added that a program offering a pathway to citizenship for stateless people “means freedom to have education, employment, political rights, healthcare, freedom of movement, and many other basic human rights.”

The Nauru Economic and Climate Resilience Citizenship Program welcomed its first new citizens in early August, with many more now approved or under review.


GLOBENEWSWIRE (Distribution ID 9523010)

Chile Aims to Become a Latin American Hub for Data Storage and Transmission

Google's first data center in Chile lies in the industrial sector of the municipality of Quilicura, on the northern outskirts of Santiago. It has no symbols or logos to identify it, but covers an extensive area. Water vapor is visibly emitted as part of the process to cool the servers. Credit: Orlando Milesi / IPS

Google’s first data center in Chile lies in the industrial sector of the municipality of Quilicura, on the northern outskirts of Santiago. It has no symbols or logos to identify it, but covers an extensive area. Water vapor is visibly emitted as part of the process to cool the servers. Credit: Orlando Milesi / IPS

By Orlando Milesi
SANTIAGO, Sep 4 2025 – Chile wants to be a hub in Latin America in data storage and transmission by developing data centers, leveraging its wealth of renewable energy, and its optimal digital interconnection.

In contrast, the massive water required for cooling servers and resistance from social and local organizations who were not consulted are the main obstacles in this strategy.

The authorities are promoting a tech hub, as the concentrator or logistical connection point for centralizing numerous nodes of a computer network is called, where companies, investments, and talent converge.“Chile’s technological development is at a turning point that will define our position as a relevant player in the region. In the future, this could mean having the capacity to host infrastructure for training large artificial intelligence models”–Andrés Díaz.

A key step in this direction is the National Data Center Plan (PData), launched by the government of leftist president Gabriel Boric in December 2024.

PData complemented the Cybersecurity Framework Law, enacted in April 2024, which established minimum requirements for the prevention, containment, resolution, and response to cybersecurity incidents, applicable to state agencies and private companies.

PData aims to position this elongated South American country as a Latin American hub for data centers.

It was launched 10 months after an environmental court in Santiago, the capital of this country of 18.4 million people, halted a multi-million dollar Google project in the municipality of Cerrillos, on the outskirts of Santiago, preventing it from using water to cool its servers.

The stoppage was a victory for residents organized in the Socio-Environmental Community Movement for Water and Territory (Mosacat), an environmental coalition that emerged in Cerrillos.

Google had announced it would modify the cooling system to use less than the planned 169 liters of water per second. But, following the court decision, it suspended the project and a US$40 million investment in what would have been its second data center in the country, after the one operating since 2015 in Quilicura, also on the outskirts of Santiago.

Tania Rodriguez, a spokesperson for Mosacat, praised the strength of the residents to “convince a multinational that its project was not possible with such scarce water resources. Companies are the ones that must become aware of the excessive use of our resources,” she stated in an interview with a union media outlet.

New reality

To promote data centers, the Boric government brought all interested parties together and managed to finalize PData, with the goal of providing certainty to all sectors and enabling their massive installation in the country.

Chile has abundant low-cost renewable energy, 62,000 kilometers of optical fiber, a network of 69,000 kilometers of submarine cables, as well as 3.8 million devices connected to the 5G network.

Alejandro Barros, a professor of engineering and researcher at the Public Systems Center  of Industrial Engineering at the public University of Chile, told IPS that the main lesson after the crisis with Google was the need to equip Chile with a public policy for the establishment and management of data centers.

According to Barros, PData “advances very significantly by establishing the governance model for these projects because multiple state institutions will be involved. How synergy and coordination is achieved across all sectors linked to these projects is relevant.”

“My concern is that the plan was presented at the end of an administration,” he said, recalling that Boric’s term concludes in March 2026.

“The question is what will the next administration do. Data centers will have to be built, but how do we agree so that Chile meets standards, has good dialogue with communities, and we don’t start from scratch again?” he asks.

Google’s fenced and patrolled data center in Quilicura, on the outskirts of Santiago, where huge water tanks are visible. The tech company was unable to establish another data center in the Chilean capital due to a court ruling against the massive use of water. Credit: Orlando Milesi / IPS

Google’s fenced and patrolled data center in Quilicura, on the outskirts of Santiago, where huge water tanks are visible. The tech company was unable to establish another data center in the Chilean capital due to a court ruling against the massive use of water. Credit: Orlando Milesi / IPS

Microsoft installs its regional cloud

In 2017, there were six data center projects in Chile. Today, 38 are in operation.

It seems more likely that companies of various sizes will export data and processed information from Chile to meet external demand.

According to Fitzgerald Cantero, Director of Studies and Projects at the  Latin American Energy Organization  (Olade), the growth in the use of artificial intelligence will exceed an annual rate of 31% by 2029.

In the Latin American region, 78% of data centers are currently concentrated in Argentina, Brazil, Chile, Colombia, and Mexico.

During the Data Centers and Energy forum, organized by the Institute of the Americas  and held in Santiago on August 21, Cantero said that investment in artificial intelligence in 2025 will be 7 billion dollars and will jump to 10 billion in 2029.

Juan Carlos Olmedo, Chile’s electrical coordinator, stated at the forum that the electrical energy required by data centers in this country will quadruple by 2032, rising from the current 325 megawatts (MW) to 1,360.

On June 18, Microsoft opened its first Data Center Region in Santiago to support economic growth, technological innovation, and social development, indicated the transnational tech company.

According to Microsoft, this state-of-the-art infrastructure will provide digital services to businesses and public organizations, improving their speed, privacy, security, and data storage in compliance with local regulations and high availability

The new network of data centers, called the Microsoft Cloud Region, is also located in Santiago, consisting of three independent physical locations, each with one or more data centers, and will provide services to several South American countries.

According to the U.S.-based software developer, the opening of this regional Data Center will generate US$35.3 billion in net income over the next four years, both for Microsoft and for partners and customers using its cloud.

“Of that total, approximately US$3.3 billion will be invested directly in Chile, contributing to this country’s development and creating about 81,041 jobs between 2025 and 2029,” detailed the tech company.

At the time, Boric expressed his joy for this new project, calling it a show of confidence for Chile to continue integrating and transforming into a major tech hub in Latin America.

Chile is now connected to a global network that spans the planet, he said, which reinforces the country as “an excellent destination for investment, placing us at the regional forefront of innovation and technology.”

“Data centers and the digital economy are transforming society, and this is not just for some sectors—it is for everyone,” emphasized the president.

Representatives from companies, Latin American energy institutions, Chilean electrical sector authorities, and academics gathered in Santiago for a forum on Data Centers and Energy, which debated the challenges and conditions for Chile to become a regional hub. Credit: Orlando Milesi / IPS

Representatives from companies, Latin American energy institutions, Chilean electrical sector authorities, and academics gathered in Santiago for a forum on Data Centers and Energy, which debated the challenges and conditions for Chile to become a regional hub. Credit: Orlando Milesi / IPS

The pros and cons of data centers

Andrés Díaz, director of the School of Industrial Engineering at the private Diego Portales University, believes that Chile has managed to position itself as a tech hub by attracting investments in digital infrastructure.

Regarding the projections for this strategic industry, he maintains that the important thing is to send clear signals of stability and security.

“The country has favorable conditions, from natural resources to technical capabilities; however, confidence to ensure the attraction of investment remains key,” he told IPS.

According to this academic, “Chile’s technological development is at a turning point that will define our position as a relevant player in the region. In the future, this could mean having the capacity to host infrastructure for training large artificial intelligence models.”

Data centers enable the operation of applications such as instant messaging or viewing content on platforms. And they are essential for sending, storing, and interconnecting information for companies, public administration, hospitals, and banking entities.

If a data center stops functioning, it would affect everything from traffic lights to email and ATMs. Teleworking, video calls, food delivery, and home cinema are also activities derived from their operation.

So-called data centers have thus become critical infrastructure, like other basic services.

“Both in Europe and the United States, the demand for massive data processing is exponential, especially because of what is happening with artificial intelligence,” professor Barros told IPS.

“This is what we see in the technological infrastructure plans driven by the United States and China, with all their positive and negative variables,” he added.

He warned of risks and challenges as a result, especially for the environment, including the type of energy that will be used: renewable or fossil-based.

“In Europe, they are starting to reuse nuclear energy again, and in the United States, they are beginning to use fossil-based energy. Chile has the advantage of its very significant renewable energy production,” he explained.

In 2024, renewable energies contributed nearly 68% of Chile’s electricity generation, with 35% coming from variable sources such as solar and wind.

But the main challenge is water due to the large volumes consumed to cool the servers, given that air cooling is less efficient.

“That means having clarity about how much water will be consumed, what impact it will have on the area where the data centers will be installed, and knowing if it is an area with water problems or drought for long periods,” emphasized Barros.

He also highlighted the importance of providing greater transparency and access to information when discussing the issue of water with local communities, specifying how much will be required and what impact it will have on basins or human consumption.

Droughts have affected various regions of Chile over a 40-year period, from 1979 to 2019. Furthermore, northern Chile is one of the driest regions in the world, and the central region, which is home to 70% of the national population, has had a permanent water deficit since 2010.

Leaders of the involved localities insist that data centers be required to undergo the Environmental Impact Assessment System, which includes a government evaluation and a citizen consultation.

Currently, to install a data center, only an Environmental Impact Declaration must be made, where the company itself reports on potential risks.