XLK - Microsoft's Renewable Energy Leap: A Game Changer? | Benzinga
Brookfield Asset Management Ltd (NYSE:BAM), Brookfield Renewable Partners LP (NYSE:BEP), and Microsoft Corp (NASDAQ:MSFT) have reached a global renewable energy framework agreement.
Under the terms of the five-year agreement, Brookfield is set to deliver over 10.5 gigawatts of new renewable energy capacity between 2026 and 2030, primarily in the U.S. and Europe.
There’s also potential for further expansion into regions like Asia-Pacific, India, and Latin America.
Microsoft stands to benefit from access to this enhanced renewable energy capacity, which will support the growing demand for ...