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.
22 Articles
22 Articles
AI fever fuels Bloom Energy’s 25% surge after Brookfield strikes game-changing data center deal
Bloom Energy shares jumped after a $5 billion deal with Brookfield to power AI data centers. The companies will build “AI factories” using fuel cells that work off the electric grid. This will help AI companies get fast, reliable power while avoiding higher electricity costs, making Bloom Energy a key player in the growing AI infrastructure market.
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.
Coverage Details
Bias Distribution
- 50% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium