Brookfield

[brook-feeld]

noun

1. a city in SE Wisconsin, near Milwaukee.

2. a city in NE Illinois, near Chicago.

3. a town in SW Connecticut.

Example Sentences

The company added about $5.4 billion in market cap on Monday after Brookfield Asset Management BAM 3.00%increase; green up pointing triangle said it would invest up to $5 billion to deploy Bloom’s technology.

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Bloom Energy soared 32% after the company agreed to a $5 billion partnership with Brookfield Asset Management to construct factories to supply computing capacity and energy for artificial intelligence.

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The company, which makes fuel cells that turn natural gas or hydrogen into electricity, will be the preferred power provider for Brookfield’s AI factories.

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Brookfield will invest up to $5 billion to deploy Bloom’s fuel-cell technology.

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“This partnership marks the first investment by Brookfield through its dedicated AI Infrastructure strategy and further validates Bloom’s ability to be a key player in the power infrastructure build-out to support AI,” wrote Evercore analyst Nicholas Amicucci in a research note.

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