Tag: $Brookfield

Brookfield is targeting a massive artificial intelligence data center in the north of England, as Europe scrambles to develop infrastructure to support the rollout of AI amid high energy and land costs.

Bloom Energy and Brookfield ​said on Tuesday they had expanded their partnership to ‌finance power projects for AI infrastructure, boosting their funding framework fivefold to $25 billion to accelerate the global deployment of Bloom’s ​fuel cells.

Blackstone Inc. and Brookfield Asset Management Ltd. are among the private equity firms in the next round of bidding for a majority stake in Volkswagen AG’s heavy diesel engine unit, having made new offers of at least €8 billion ($9.4 billion), people familiar with the matter said.

Canadian alternative-investment giant Brookfield said it’s leading talks to buy a majority stake, and then buy out, French renewable energy provider Neoen.

The United Arab Emirates on Friday announced it would contribute $30 billion to a new fund aiming to divert private sector capital towards climate investments and improve financing for the Global South.