Bloom Energy shares soar 25% after striking deal with Brookfield to provide fuel cells to AI data centers
Brookfield will invest $5 billion deploying Bloom Energy's scalable fuel cells as preferred onsite power for global AI factories to meet rising AI power demands.
- On Monday, Bloom Energy and Brookfield Asset Management announced a $5 billion strategic partnership to implement reimagined AI infrastructure, lifting Bloom's stock 20%.
- Rising AI power needs have prompted demand for behind-the-meter fuel cell technology, as AI data centers in the United States require massive power and rapid deployment beyond legacy grids.
- Bloom's existing deployments show 1.5 GW of low-carbon power across more than 1,200 installations and hundreds of megawatts supplied to data centers via American Electric Power, Equinix, and Oracle, while Brookfield Asset Management brings over $100 billion invested in digital infrastructure.
- The agreement positions Bloom Energy within Brookfield Asset Management's dedicated AI Infrastructure strategy as its preferred onsite power provider for global AI factories, including a European AI factory site before year-end, the companies said.
- Positioning itself as a leading AI infrastructure investor, Brookfield said the partnership marks the first phase of a joint vision to build AI factories, with KR Sridhar stating `AI infrastructure must be built like a factory—with purpose, speed, and scale,` and emphasizing rapid deployment and load responsiveness.
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Why Bloom Energy Stock Powered Higher Today @themotleyfool #stocks $BE $BAM
Key PointsBrookfield Asset Management will invest $5 billion in Bloom Energy.The two companies are forming a partnership to help build and power AI data centers.Bloom Energy stock costs more than 1,000 times trailing earnings.10 stocks we like better than Bloom Energy › Shares of Bloom Energy (NYSE: BE), a pioneer in hydrogen fuel cells for off-grid and backup power, soared 22% at the open Monday after the company announced a $5 billion "strateg…
Brookfield invests $5 billion in Bloom Energy to power AI data centers with clean fuel cells - Tech Startups
The race to build cleaner and smarter data centers just got a major boost. Brookfield Asset Management announced on Monday that it’s investing $5 billion in Bloom Energy to use the company’s fuel cell technology for powering AI-driven data centers. […] The post Brookfield invests $5 billion in Bloom Energy to power AI data centers with clean fuel cells first appeared on Tech Startups.
Brookfield's $5 Billion Deal Spurs Rally in Bloom Energy Shares
(Bloomberg) — Shares of Bloom Energy Corp. soared as much as 36% in early trading as Brookfield Corp. agreed to invest up to $5 billion to deploy the company’s fuel cells at new data centers that operate artificial intelligence.
Bloom Energy Shares Soar on $5 Billion Brookfield AI Partnership
Shares of Bloom Energy Corp. soared 27%, the biggest gain in almost a year, after Brookfield Corp. agreed to invest up to $5 billion to deploy the company’s fuel cells at new data centers that operate artificial intelligence.
Bloom Energy surges after unveiling $5B AI infrastructure partnership with Brookfield (BE:NYSE)
Bloom Energy announced a $5 billion partnership with Brookfield Asset Management to become the preferred onsite power provider for Brookfield's global artificial intelligence factories.
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