Global asset manager Brookfield and Bloom Energy have expanded their clean energy partnership, increasing the targeted investment from $5bn to $25bn (€4.4bn to €21.9bn) to deploy onsite fuel cells across Brookfield’s global artificial intelligence (AI) data centre platform.
The two firms teamed up in October last year to install clean, onsite fuel cells across Brookfield’s worldwide AI data centre assets.
Under the agreement, NYSE-listed Bloom Energy serves as the preferred onsite power provider for Brookfield’s global AI factories, which the companies are collaborating to design and deliver, starting with an initial site in Europe.
The companies said the increased funding will help grow the fuel cell partnership globally.
Funding for the expanded partnership comes from Brookfield’s $100bn AI Infrastructure Fund, which was launched in November 2025.
Sikander Rashid, global head of AI infrastructure at Brookfield, said: “Scaling our commitment with Bloom Energy reflects both the strength of this partnership and the conviction behind our broader AI infrastructure strategy, including integrated compute.
“Scaling this partnership further strengthens Brookfield’s position as one of the leading global AI infrastructure investors, capable of delivering end-to-end solutions, from electrons to tokens, for some of the world’s most sophisticated customers.”
Aman Joshi, chief commercial officer of Bloom Energy, said: “When we formed this partnership, we said it was the first phase of a much larger vision. Today’s commitment reflects the momentum we are seeing in the market, as evidenced by recently announced large-scale deals.
“Bloom is uniquely positioned to address the urgent need for clean, reliable power to support the rapid growth of AI. We are pleased with our partnership with Brookfield and look forward to deepening our collaboration on large projects.”
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