Brookfield Asset Management and energy solutions provider Bloom Energy have announced a new strategic partnership, with Brookfield set to invest up to $5 billion to deploy Bloom’s fuel cell technology across its global AI data centres. Established in 2001, California-based Bloom Energy offers solutions for businesses and communities to meet energy demands through distributed electricity and hydrogen generation. The company’s offerings include solid oxide fuel cells, which provide lower-carbon power by producing electricity through an electrochemical process combining hydrogen and oxygen.
The partnership emerges as power demand from AI data centres is expected to grow significantly in the coming years. Fuel cells are seen as a crucial technology to meet these increasing energy needs, providing reliable, scalable, and clean on-site power that can be swiftly deployed without relying on existing grids. Bloom Energy has already deployed hundreds of megawatts of its fuel cell technology to data centres through collaborations with American Electric Power, Equinix, and Oracle.
KR Sridhar, Founder, Chairman, and CEO of Bloom Energy, stated, “AI infrastructure must be built like a factory—with purpose, speed, and scale. Unlike traditional factories, AI factories demand massive power, rapid deployment, and real-time load responsiveness that legacy grids cannot support. The lean AI factory is achieved with power, infrastructure, and compute designed in sync from day one. That principle guides our collaboration with Brookfield to reimagine the data centre of the future. Together, we are creating a new blueprint for powering AI at scale.”
Under the new partnership, Brookfield and Bloom Energy are actively collaborating on the design and delivery of AI factories globally. The companies have announced that the partnership’s first site in Europe will be revealed this year. This initiative marks Brookfield’s inaugural investment under its dedicated AI Infrastructure strategy. In a recent letter to shareholders, Brookfield described AI infrastructure as “one of the defining investment themes of the decade,” combining the three key megatrends of Digitalisation, Decarbonisation, and Deglobalisation.
Sikander Rashid, Global Head of AI Infrastructure at Brookfield, commented, “Behind-the-meter power solutions are essential to closing the grid gap for AI factories. Bloom’s advanced fuel cell technology gives us the unique capability to design and construct modern AI factories with a holistic and innovative approach to power needs. As the world’s largest AI infrastructure investor, this partnership adds a powerful new tool to our global growth strategy, especially in a grid-constrained market environment.”
