Brookfield and Bloom Energy Expanded Their AI Power Partnership to $25 Billion. Here's What Investors Need to Know.
Yahoo Finance ·
For the second time this year, one of Bloom Energy ’s ( BE 3.27% ) strategic partners has significantly expanded its partnership less than a year after forming the initial collaboration. This time, it’s Brookfield Asset Management ( BAM +1.56% ) . The global alternative asset manager is expanding its AI infrastructure partnership to $25 billion, a five-fold increase since forming the initial partnership last October. That follows Oracle ’s ( ORCL 1.71% ) decision to significantly expand its strategic partnership after Bloom Energy delivered a fully operational fuel system to the cloud giant more than a month ahead of the anticipated deployment schedule. Here’s what investors need to know about this expanded partnership.
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