Brookfield Sees 6.5 GW of AI Data-Centre Capacity Coming Online in India
BAM is trading near its 52-week low of $42.2 (11% above the low).
Summary
Brookfield expects 6.5 GW of AI data-centre capacity to come online in India over the next five years, a massive buildout from the current ~1.5 GW installed base. The forecast covers the broader market, not just Brookfield's own projects, but the firm is positioned to capture a significant share through its Digital Connexion venture (160 MW, 60 MW operational and fully leased) and its renewable energy platforms adding 4-4.5 GW this year. This aligns with Brookfield's stated goal to more than triple its India assets under management to over $100 billion. The news reinforces the company's aggressive push into AI infrastructure, following recent moves like the $10B Korea AI factory expansion with NVIDIA and NAVER.
At the time of this announcement, BAM was trading at $46.84 on NYSE in the Technology sector, with a market capitalization of approximately $75.9B. The 52-week trading range was $42.20 to $64.10. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Reuters.