Microsoft and Brookfield’s 10.5GW deal UNPACKED

Microsoft and Brookfield Asset Management have signed a groundbreaking $10 billion global framework agreement to develop over 10.5 GW of new renewable energy capacity between 2026 and 2030. This landmark deal, the largest corporate clean energy purchase agreement ever, will initially focus on wind and solar projects in the U.S. and Europe, with potential expansion to other regions. The collaboration contributes to Microsoft’s ambitious goal of matching 100% of its electricity consumption with zero carbon energy purchases by 2030. As the rapid growth of AI technologies and data centers drives increased demand for reliable, clean power, this agreement seeks to accelerate the decarbonization of the grid and the global shift to renewable energy solutions within the cloud industry.

Below are the top 10 key points to understand this PPA:

1. 1. Microsoft has signed a global framework agreement with Brookfield Asset Management to develop over 10.5 GW of new renewable energy capacity between 2026 and 2030.

1. 1. The deal, estimated to be worth around $10 billion, is the largest-ever corporate clean energy purchase agreement, nearly 8 times larger than the previous record.

1. 1. The new renewable energy capacity will be developed in the U.S. and Europe initially, with potential to expand to Asia-Pacific, India, and Latin America.

1. 1. This agreement contributes to Microsoft’s goal of having 100% of its electricity consumption matched by zero carbon energy purchases by 2030.

1. 1. The surge in AI technologies and data center growth has led to increased demand for reliable, clean power sources from tech corporations.

1. 1. Utilities are struggling to meet the soaring demand from data centers while maintaining reliable operations for all customers in their service areas.

1. 1. The U.S. is experiencing exponential growth in power demand, driven largely by investment in new manufacturing, industrial, and data center facilities.

1. 1. The agreement focuses on wind and solar power, as well as other new or impactful carbon-free energy generation technologies.

1. 1. The scale of the new capacity will contribute to grid decarbonization and accelerate the global shift to renewable energy solutions within the cloud industry.

1. 1. This collaboration builds on the strong existing partnership between Brookfield and Microsoft, extending it into the future.