Latham & Watkins Advises BigSur Energy in Closing Its Series B Funding Round

BigSur Energy has successfully closed a US$11.5 million Series B funding round, bringing the company’s valuation to over US$90 million and its total capital raised to more than US$20 million. The proceeds will be directed toward scaling BigSur Energy’s established operations across the United States.

BigSur Energy operates a distinctive energy arbitrage model, installing modular data centers directly at oil and gas wells to convert otherwise wasted or flared natural gas into electricity for high‑performance computing tasks, including Bitcoin blockchain processing. The company currently manages 14 operational sites in Texas, currently operates 10.5 MW, and expects to grow to 20+ MW in the coming months. The company is preparing to expand into Argentina by 2026 through a partnership model.

Latham & Watkins LLP represented BigSur Energy, with a corporate team led by New York partner Eli Curi and associate Francisco Lanusse.