Bloom Energy and Brookfield Asset Management announced a partnership valued at up to $5 billion, as the two companies push to power the next generation of AI data centers.

The deal was announced on October 13, 2025, under which Brookfield committed up to $5 billion to deploy Bloom’s solid oxide fuel cell technology across its global AI infrastructure portfolio. That agreement also named Bloom Energy as Brookfield’s preferred onsite power provider. The October 2025 announcement marked the first investment Brookfield made under its dedicated AI infrastructure strategy.

What Bloom Energy actually does here

Solid oxide fuel cells are a highly efficient, low-carbon power plant that fits on a data center campus, runs independently from the grid, and does not require the lengthy permitting timelines that traditional utility connections demand.

When a hyperscaler needs large amounts of power for a new AI training facility quickly, Bloom’s technology is one of the few options that can deliver on that timeline. The AI infrastructure buildout is constrained less by capital today than by the physical reality of connecting large loads to aging electrical grids. Fuel cells sidestep that bottleneck, which is precisely why Brookfield structured Bloom as the anchor energy provider for its AI factory strategy.

Why this matters beyond the dollar figure

Both companies flagged that the first European project under the collaboration was slated for announcement by the end of 2025. Europe’s grid constraints and renewable energy mandates make the case for onsite, low-carbon power generation particularly compelling.

Bloom Energy, traded on the New York Stock Exchange under the symbol BE, specializes in solid oxide fuel cell systems that convert natural gas or biogas into electricity with higher efficiency and lower emissions compared to conventional power grids.