The campus will be built on a former Cold War-era uranium enrichment site and is expected to be completed by 2032
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Brookfield Asset Management and NextEra Energy are developing a $100 billion data center campus in Paducah, Kentucky, a person familiar with the matter said on Wednesday.
(Bloomberg) -- NextEra Energy Inc., the largest US power utility, is teaming up with Brookfield on a more than $100 billion transformation of a shuttered Cold War uranium-enrichment facility in Kentucky into a data center campus with a generating plant.Most Read from BloombergUS Intercepts Iran Attack on Bases, Puncturing Days of CalmSK Hynix Profit Disappoints, Spending Soars to $31 BillionNvidia’s $750 Billion in Deals Reignite Circular AI FearsApple Set to Make Big Smart Home Push With Siri A
Bloom Energy (NYSE:BE) reported record second-quarter results for 2026, surpassing $1 billion in quarterly revenue for the first time as data-center deployments accelerated and profitability expanded. The company raised its full-year revenue and operating-income outlook, citing backlog conversion, i
Earlier today, Bloom Energy reported record second-quarter results, delivering about US$1.07 billion in revenue for the first time, beating expectations and raising its full-year 2026 revenue outlook to US$3.9–US$4.2 billion on strong AI data center demand. The company also expanded its data center financing partnership with Brookfield Asset Management from US$5.00 billion to US$25.00 billion, underscoring how large-scale capital support is becoming central to funding Bloom’s growth in...
Analysts have set a high bar for Bloom Energy earnings. Bloom Energy has plunged on a short-seller's report and overall AI sell-off.
Financial stocks rose in late Tuesday afternoon trading with the NYSE Financial Index advancing 0.7%
Financial stocks rose in Tuesday afternoon trading with the NYSE Financial Index advancing 0.6% and
A short-seller report accusing Bloom Energy of hiding Chinese supplier reliance has torched 35% of its market value in a month, and tonight's Q2 report may either silence the bears or hand them fresh ammunition.
COIN's Q2 results are expected to reflect weaker crypto trading activity, partly offset by growth in stablecoins and subscription services.
SINGAPORE, July 28 (Reuters) - Brookfield Asset Management expects about 6.5 gigawatts of data-centre capacity for artificial intelligence to come online in India over the next five years, a senior
Brookfield Asset Management expects about 6.5 gigawatts of data-centre capacity for artificial intelligence to come online in India over the next five years, a senior executive said on Tuesday. • Brookfield, a New York-based global alternative asset manager, expects AI inferencing demand in India to grow, Arpit Agrawal, managing partner and head of India and the Middle East for Brookfield's infrastructure group, said.
Financial stocks advanced in late Monday afternoon trading, with the NYSE Financial Index rising 0.6
Nvidia Makes Surprise $1 Billion Move as Naver Stock Explode
The companies that manage Kuwait’s oil sector signed a $16 billion lease agreement with a group of investors led by Blackstone, Brookfield and KKR.
LXP Industrial Trust (LXP) is set to be taken private after Brookfield Asset Management and Canada Pension Plan Investment Board agreed to acquire the company in an all cash deal that values LXP at $5.2 billion. See our latest analysis for LXP Industrial Trust. The proposed buyout comes after a period of strong price action for LXP Industrial Trust, with a 30-day share price return of 9.37% and a 90-day share price return of 19.21%. The 1-year total shareholder return of 62.36% suggests...
The agreement establishes a new Kuwaiti-incorporated JV that will lease usage rights for KOC’s 13 pipelines, covering 320km of network.
Brookfield’s $7B Aypa Power acquisition signals surging demand for large-scale battery storage across North America.
Nvidia is investing $1 billion in Naver, which is referred to as South Korea’s Google.
NVIDIA Corp (NASDAQ:NVDA) plans to invest about $1 billion in NAVER Corp as part of a broader effort to expand artificial intelligence datacenter infrastructure in South Korea. Announced Saturday during South Korean President Lee Jae Myung‘s visit to the AI Summit in San Francisco, the project would expand NAVER’s GAK Sejong AI datacenter from 55 megawatts to 200 megawatts by 2028, with Brookfield Asset Management Ltd (NYSE:BAM) proposing up to $9 billion to fund the AI infrastructure. NAVER To
The planned investment could pave the way for a broader multibillion-dollar push into AI infrastructure in South Korea.
Shares of South Korean internet and cloud service giant Naver jumped more than 10% on Monday after it said Nvidia would acquire $1 billion of its new shares to finance a project to expand an AI data centre. The investment comes after the two firms and investment group Brookfield announced on Friday plans to expand Naver's AI data centre in South Korea with up to $10 billion in funding. Naver said on Monday it will place 7.2 million new shares with Nvidia for 204,500 won each, or a 1% discount to its closing price on Friday, as part of the agreement.
NextEra and Brookfield both crushed Q1 2026 with clean-power tailwinds, but one saddles you with tax headaches and GAAP losses while the other quietly hands you a faster-growing check and a beta that lets you sleep.
Investing.com -- Kuwait Petroleum Corporation has signed a $16 billion lease and leaseback agreement covering its crude oil pipeline network with Blackstone, KKR and Brookfield, Reuters reported.
(Bloomberg) -- Kuwait has agreed a $16 billion infrastructure partnership with Blackstone Inc., Brookfield Asset Management Ltd. and KKR & Co. involving its oil-export pipelines, even as the Gulf nation comes under daily attacks from Iran.Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandSpaceX at $100 Would Imply Zero AI Value, Morgan St
The deal will help advance Aypa’s next phase of growth and expand Brookfield's ability to provide integrated energy solutions.
Bloom Energy (BE) is back in focus after JPMorgan reaffirmed its positive stance on the stock, highlighting strong interest from technology firms in off grid power and a larger partnership with Brookfield. See our latest analysis for Bloom Energy. After rallying earlier on the Brookfield partnership and AI data center headlines, Bloom Energy has recently given back some ground, with the 30 day share price return down 36.9% and the 7 day share price return down 8.8%. However, the year to date...
Brookfield Asset Management (TSX:BAM) has formed a US$2.1b joint venture with Healthpeak covering 86 outpatient medical buildings across the US. The portfolio consists of outpatient medical real estate, a segment that has drawn steady investor attention in recent years. The transaction reflects Brookfield Asset Management’s focus on income producing real assets within the healthcare sector. Brookfield Asset Management is known for its focus on real assets, including infrastructure and real...
DOC's $2.1 billion outpatient medical portfolio joint venture with BAM provides long-term capital while preserving control and future growth potential.
American Express heads into Q2 earnings with rising network volumes, higher interest income and a favorable earnings setup. Can it deliver another beat?