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Brookfield Commits Up to $5 Billion to Deploy Bloom Energy Fuel Cells for AI Data Centers

The deal marks Brookfield’s first investment under its AI infrastructure strategy.

Overview

  • Bloom Energy is set to be the preferred onsite power provider for Brookfield’s planned global AI factories.
  • The companies say multiple projects are underway with a European site to be announced before the end of the year.
  • Bloom Energy shares rose roughly 31% in premarket trading after the partnership was unveiled.
  • Bloom has previously delivered hundreds of megawatts of fuel cells to data centers through partnerships with American Electric Power, Equinix, and Oracle.
  • Brookfield’s plan builds on earlier European commitments in Sweden and France to expand AI infrastructure clusters.