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

Executives pitch fuel cells as a way to bypass grid bottlenecks, with a European AI factory site expected before year-end.

Overview

  • The partnership will use Bloom’s solid‑oxide fuel cells to provide on-site, behind-the-meter power for high-demand AI computing facilities.
  • Brookfield says this is the first investment under its dedicated AI infrastructure strategy focused on large data centers and power solutions.
  • Both companies frame behind-the-meter generation as essential to closing the grid gap created by lengthy utility interconnection timelines.
  • A jointly designed project in Europe is slated to be revealed before the end of 2025, with broader rollout details yet to be disclosed.
  • Bloom Energy shares jumped roughly 20% to 33% on the news, while analysts highlight limited disclosed terms and valuation risk.