Brookfield and Bloom Energy Launch $5 Billion Partnership to Power Next-Generation AI Data Centers

Bloom Energy and Brookfield Asset Management on Oct. 13 unveiled a $5 billion partnership to accelerate the development of next-generation artificial intelligence infrastructure through clean, reliable, and rapidly deployable power solutions. The collaboration represents the first phase of a global strategy to create “AI factories” that tightly integrate compute, power, and data center architecture to meet the surging energy demand driven by generative AI and large language models.

Under the agreement, Brookfield will invest up to $5 billion to deploy Bloom Energy’s advanced solid oxide fuel cell technology, providing modular, on-site power that bypasses the limitations of conventional grids. The companies plan to jointly design and deliver AI factories worldwide, with an initial project in Europe expected to be announced before year-end. The initiative aims to set a new standard for powering large-scale AI operations by aligning infrastructure and compute needs from the ground up.

The partnership leverages Bloom Energy’s experience in deploying hundreds of megawatts of fuel cell capacity across critical digital infrastructure for clients such as American Electric Power, Oracle, and Equinix. The fuel cells deliver resilient, zero-combustion power generation suitable for grid-constrained environments where traditional transmission expansion cannot keep pace with data center growth.

Brookfield’s investment marks its first under a newly launched AI Infrastructure strategy, designed to integrate power generation, compute facilities, and capital solutions to support AI-driven growth. The company, which manages over $550 billion in assets globally, has been expanding its portfolio across the U.S. energy and digital infrastructure sectors, including stakes in Compass Datacenters, Duke Energy Florida, Colonial Enterprises, and Hotwire Communications.

The collaboration comes amid mounting concerns about the power intensity of AI data centers, with U.S. electricity demand from such facilities projected to surpass 100 gigawatts by 2035. By combining Bloom Energy’s clean power systems with Brookfield’s financial and development expertise, the partnership seeks to bridge the gap between energy supply and AI-driven demand, positioning both firms at the forefront of the evolving intersection between energy infrastructure and advanced computing.