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Brookfield Asset Management reports second-quarter profit up from year ago

Brookfield Asset Management reported second-quarter 2025 profit rose to US$620 million compared to US$495 million a year earlier, with revenue reaching US$1.09 billion.
This growth has been driven by accelerating long-term shifts towards reducing carbon emissions, regionalization, and increasing digital adoption, which support Brookfield's growing collaborations with governments and institutional partners.
Brookfield raised $22 billion in the quarter, including $1.5 billion for renewable power and transition, and secured a $12 billion asset sale portfolio.
The company entered into a groundbreaking Hydro Framework Agreement with Google to provide up to 3 gigawatts of clean, carbon-free hydroelectric power throughout the United States, marking the biggest corporate transaction in hydroelectric clean energy to date.
Brookfield expects to sustain momentum through further capital raises and partnerships but cautions actual performance may differ materially from projected targets or growth objectives.

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