Brookfield Allocates €20 Billion to Enhance France's AI Infrastructure
Funding | Feb 09, 2025 | Brookfield Asset Management
Brookfield Asset Management has revealed plans to invest €20 billion in France, aiming to significantly enhance the country's AI infrastructure over the next five years. The New York-based private equity firm will allocate €15 billion of this investment to developing data centers through its portfolio company, Data4. The remaining funds will focus on supporting AI infrastructure, including data transfer, chip storage, and energy generation. This move highlights Brookfield's initiative to engage in the growing competition over global domination in the artificial intelligence sector, positioning France as a crucial hub for technological development.
Sectors
- Artificial Intelligence
- Data Center Services
Geography
- France – The entire €20 billion investment by Brookfield Asset Management is targeted at enhancing the AI infrastructure in France.
- United States – Brookfield Asset Management is headquartered in New York, making this investment a significant outbound investment by a US-based company.
Industry
- Artificial Intelligence – The investment is aimed at developing AI infrastructure in France, indicating a focus on expanding capabilities in artificial intelligence.
- Data Center Services – A significant portion of the investment (€15 billion) is allocated to data center development, showing an emphasis on data storage and processing facilities.
Financials
- €20 billion – Total investment planned by Brookfield Asset Management for AI and data center infrastructure in France.
- €15 billion – Segment of the total investment specifically allocated for data center development by Data4.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Brookfield Asset Management | Investor | Company | A New York-based private equity and investment firm planning to invest in AI and data infrastructures in France. |
| Data4 | Operator | Company | A portfolio company of Brookfield, responsible for leading the development of data centers in the investment plan. |