Brookfield Backs Bloom Energy with $25 Billion to Power AI Infrastructure with Fuel Cells

Brookfield Asset Management and fuel cell technology provider Bloom Energy announced a major expansion in their partnership, with Brookfield committing $25 billion to finance the deployment of Bloom’s fuel cell technology to support the power needs of AI infrastructure globally.

The investment marks a fivefold increase from the companies’ initial agreement in October 2025 and forms part of Brookfield’s AI Infrastructure Fund, launched in November 2025 with a target to deploy $100 billion into AI-related infrastructure.

The companies said that the expanded partnership is driven by growing demand from hyperscalers and AI infrastructure developers for rapidly deployable and reliable power solutions amid increasing constraints on grid capacity.

Aman Joshi, Chief Commercial Officer of Bloom Energy, said:

“Bloom is uniquely positioned to address the urgent need for clean, reliable power to support the rapid growth of AI. We are pleased with our partnership with Brookfield and look forward to deepening our collaboration on large projects.”

Founded in 2001, California-based Bloom Energy provides solutions for businesses and communities to meet energy demands through distributed generation of electricity and hydrogen. The company’s offerings include solid oxide fuel cells that provide lower-carbon power, producing electricity through an electrochemical process that combines hydrogen and oxygen.

Bloom Energy said that it has deployed hundreds of megawatts of its fuel cell technology to data centers through partnerships with American Electric Power, Equinix, and Oracle.

According to the companies, the collaboration combines Brookfield’s expertise in AI infrastructure development and capital deployment with Bloom’s onsite power generation platform.

Sikander Rashid, Head of AI Infrastructure at Brookfield Asset Management, said:

“Scaling our commitment with Bloom Energy reflects both the strength of this partnership and the conviction behind our broader AI infrastructure strategy, including integrated compute.”