Microsoft signs deal to invest more than $10 billion on renewable energy capacity to power data centers
Publishing timestamp: 2024-05-01 09:07:32
Summary
Microsoft signs deal with Brookfield Asset Management to invest over $10 billion in renewable energy capacity to power data centers, largest of its kind. U.S. faces surging electricity demand as AI and manufacturing expand. Deal will deliver 10.5 gigawatts of renewable energy between 2026 and 2030 in U.S. and Europe. Microsoft aims for 100% zero-carbon energy by 2030.
Sentiment: POSITIVE
Tickers: MSFT,
Keywords: markets, utilities, microsoft corp, energy, breaking news: technology, breaking news: markets, technology, business news,