Microsoft and Brookfield Sign Biggest-Ever Clean Power Deal (3)

May 1, 2024, 4:35 PM UTC

Microsoft Corp. and Brookfield Asset Management’s green energy arm signed the biggest corporate clean-energy purchase agreement ever announced, as the technology giant ramps up its investment in artificial intelligence.

Brookfield Renewable Partners will provide more than 10.5 gigawatts of renewable energy capacity in the US and Europe starting in 2026, according to a statement Wednesday. That’s comparable to about 10 nuclear power plants and reflects the turbocharged demand for electricity from data centers and artificial intelligence.

Technology companies are clamoring for more clean energy to meet their own climate goals, just as overall energy demand is rising.

“It is ...

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