Microsoft And Brookfield Sign $10-Billion Renewable Power Deal menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
Tech giant Microsoft has signed a global framework agreement to back renewable power projects that could be worth about $10 billion and buy the power that would be developed by Brookfield Asset Management, the Financial Times reported on Wednesday.
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The biggest utilities in the United States expect exponential growth in electricity demand in the coming years from data centers and new technologies such as generative AI
U.S. utilities are struggling to meet soaring demand from data centers while keeping reliable operations for all the customers in the areas they serve.