Desenvolve SP and Möbius Launch R$70M FIDC to Finance Data Centers in São Paulo

Desenvolve SP and Möbius Capital have launched a R$70 million FIDC to finance digital infrastructure, targeting regional internet providers and small data center operators in interior São Paulo. The fund's structure, with Desenvolve SP subscribing to 71.4% of senior shares, signals a state-backed push to expand connectivity in underserved areas. This is a notable but modest investment in Brazil's digital infrastructure, with potential implications for regional economic development.