Microsoft’s $10 Billion Renewable Energy Deal Fuels AI & Cloud

Microsoft has agreed to back $10bn in renewable electricity projects by Brookfield Asset Management to help it meet clean-energy commitments and provide its data-centres with the extra energy requirements of cloud and AI. 

Global Framework Agreement 

The deal, which is a five-year agreement called the “global framework agreement” (“the agreement”) is a commitment by Microsoft, working in partnership with Brookfield, to bring 10.5 gigawatts of generating capacity online. This is reported to be more than three times larger than the 3GW of power used by the world’s largest hub of data centres in Virginia and is the equivalent of enough to power 1.8 million homes!