Brookfield Pledges $5 Billion for Bloom Fuel Cells in AI Data Centers
Updated
Updated · Bloomberg · Jun 3
Brookfield Pledges $5 Billion for Bloom Fuel Cells in AI Data Centers
3 articles · Updated · Bloomberg · Jun 3
Summary
$5 billion from Brookfield was committed late last year to deploy Bloom Energy fuel cells at data centers running AI models, giving Bloom a major backer after years of investor skepticism.
The bet is tied to surging power demand from the AI boom, which has increased interest in on-site electricity sources for data centers needing reliable capacity.
The Bloom deal was the first investment from Brookfield's new AI fund, marking the start of a broader infrastructure strategy rather than a one-off power purchase.
Brookfield is seeking to raise $50 billion for that campaign, targeting grids, transportation networks and other physical assets underpinning the AI economy.