Microsoft makes renewable energy deal with Canada’s Brookfield

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Microsoft makes renewable energy deal with Canada’s Brookfield
Brookfield Asset ManagementRenewable EnergyGreen Energy
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SAN FRANCISCO, May 2 — Microsoft and Canada’s Brookfield Asset Management have struck an agreement for the development of renewable energy that could make one of the biggest...

Microsoft and Canada’s Brookfield Asset Management have struck an agreement for the development of renewable energy that could make one of the biggest corporate purchases of green energy to date, the companies said yesterday. — AFP picSAN FRANCISCO, May 2 — Microsoft and Canada’s Brookfield Asset Management have struck an agreement for the development of renewable energy that could make one of the biggest corporate purchases of green energy to date, the companies said yesterday.

Delivering AI and cloud services is expected to see demand for electricity skyrocket as tech companies rush to build more resource-hungry data centres that will increase the dependency on over-burdened power companies.

The scale of the deal, nearly eight times larger than the biggest corporate renewable energy purchase agreement ever signed, demonstrates both Brookfield’s renewable development muscle and Microsoft’s purchasing power as a technology leader.

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