Microsoft and Brookfield Sign Biggest-Ever Clean Power Deal [Yahoo! Finance Canada]
Brookfield Renewable Partners L.P. (BEP)
Last brookfield renewable partners l.p. earnings: 7/31 06:50 am
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bep.brookfield.com/en
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Source: Yahoo! Finance Canada
announced, as the technology giant ramps up its investment in artificial intelligence. Most Read from Bloomberg Brookfield Renewable Partners will provide more than 10.5 gigawatts of renewable energy capacity in the US and Europe starting in 2026, according to a statement Wednesday. ADVERTISEMENT That's comparable to about 10 nuclear power plants and reflects the turbocharged demand for electricity from data centers and artificial intelligence. Technology companies are clamoring for more clean energy to meet their own climate goals, just as overall energy demand is rising. “It is absolutely the largest single announcement for a corporate clean-power purchase agreement ever,” BloombergNEF analyst Kyle Harrison said in a message. “It cements Microsoft as the second-largest corporate buyer of clean energy through PPAs, after Amazon.” It's difficult to estimate the cost for 10.5 gigawatts of new capacity because development costs vary significantly by energy type and location.
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BEP
News
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BEP
Earnings
- 5/3/24 - Beat
BEP
Sec Filings
- 5/10/24 - Form 6-K
- 5/3/24 - Form 6-K
- 3/25/24 - Form CERT
- BEP's page on the SEC website