Brookfield invests $5B in Bloom Energy to power AI growth
Bloom Energy and Brookfield asset management announced a $5 billion strategic partnership to accelerate the development of next-generation AI infrastructure. The collaboration represents the first phase of a joint vision to build advanced AI factories that integrate compute, power, and data center architecture at unprecedented scale.
AI factories require infrastructure that tightly integrates compute, power, data center architecture, and capital. Bloom Energy’s fuel cells deliver reliable, scalable and clean onsite power that can be rapidly deployed without legacy grids. Brookfield brings world-class expertise in infrastructure development and financing. Together, the two companies are redefining how AI factories are built and powered.
As part of the partnership, Brookfield will invest up to $5 billion to deploy Bloom’s advanced fuel cell technology. The two companies are currently co-developing several AI factory sites around the world, with the first European location expected to be announced by the end of the year.
“AI infrastructure must be built like a factory—with purpose, speed, and scale,” said KR Sridhar, Founder, Chairman, and CEO of Bloom Energy. “Unlike traditional factories, AI factories demand immense power capacity, rapid deployment, and real-time responsiveness that legacy grids cannot support. Our collaboration with Brookfield is guided by a shared vision—to design power, infrastructure, and compute in perfect sync from day one. Together, we’re creating a new blueprint for powering AI at scale,” he added.
“Behind-the-meter power solutions are critical to bridging the grid gap for AI factories,” added Sikander Rashid, Global Head of AI Infrastructure at Brookfield.
“Bloom’s fuel cell technology enables us to design and construct modern AI factories with an integrated approach to power. As the world’s largest AI infrastructure investor, this partnership expands our ability to deliver innovative, scalable solutions in a grid-constrained market.”
AI’s explosive growth is expected to drive unprecedented power demand over the next decade. In the U.S. alone, experts project that electricity consumption from AI data centers could exceed 100 gigawatts by 2035. Fuel cells have emerged as a leading solution to meet this demand efficiently and sustainably.
Bloom Energy’s fuel cell systems already power hundreds of megawatts of critical digital infrastructure through partnerships with companies such as American Electric Power (AEP), Equinix, and Oracle.
This also marks Brookfield’s first investment under its dedicated AI Infrastructure Strategy, which targets large-scale AI factories, advanced power solutions, compute infrastructure, and strategic capital partnerships. The initiative builds on Brookfield’s track record of investing more than $100 billion in digital infrastructure worldwide.
Brookfield currently manages over $550 billion in critical assets across the U.S. and has recently made significant investments in energy, utility, and digital infrastructure businesses, including Compass Datacenters, Duke Energy Florida, Colonial Enterprises, and Hotwire Communications. The firm also recently signed a landmark agreement to supply Google with up to 3 gigawatts of hydroelectric power in the U.S.
