Global asset manager Brookfield is investing up to $5bn (€4.3bn)| in a partnership with Bloom Energy to install clean, onsite fuel cells across Brookfield’s worldwide AI data centre assets.
Under the partnership, NYSE-listed Bloom Energy will become the preferred onsite power provider for Brookfield’s global artificial intelligence AI factories, which the two companies are actively collaborating to design and deliver, starting with a site in Europe later this year.
KR Sridhar, founder, chairman and CEO of Bloom Energy, said: “AI infrastructure must be built like a factory—with purpose, speed, and scale. Unlike traditional factories, AI factories demand massive power, rapid deployment and real-time load responsiveness that legacy grids cannot support.
“The lean AI factory is achieved with power, infrastructure and compute designed in sync from day one. That principle guides our collaboration with Brookfield to reimagine the data centre of the future. Together, we are creating a new blueprint for powering AI at scale.”
Sikander Rashid, global head of AI infrastructure at Brookfield, said: ”Behind-the-meter power solutions are essential to closing the grid gap for AI factories. Bloom’s advanced fuel cell technology gives us the unique capability to design and construct modern AI factories with a holistic and innovative approach to power needs.
“As the world’s largest AI infrastructure investor, this partnership adds a powerful new tool to our global growth strategy, especially in a grid-constrained market environment.”
The partnership is the first investment in Brookfield’s new, dedicated AI infrastructure strategy, which is focused on large AI factories, power solutions, compute infrastructure and strategic capital partnerships, while building on the firm’s global digital infrastructure investment strategy.
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