Brookfield to Spend €20 Billion on France's AI Infrastructure
Deal News | Feb 09, 2025 | Brookfield Asset Management
Brookfield Asset Management, a prominent New York-based Private Equity firm, has announced plans to invest a total of €20 billion (approximately $20.7 billion) in the development of data centers and AI infrastructure across France within the next five years. This investment signifies the firm's strategic positioning as global powers pursue dominance in the burgeoning field of artificial intelligence. Notably, €15 billion of this investment will be channeled toward the establishment and enhancement of data centers, a task that will be spearheaded by Brookfield's portfolio company, Data4. The remaining capital allocation is directed towards the advancement of AI infrastructure projects, encompassing facets such as data transfer, chip storage, and energy generation. This substantial commitment underscores the escalating global competition in the AI sector, with major players seeking to secure a foothold in the burgeoning market for AI capabilities.
Sectors
- Private Equity
- Technology and Infrastructure
Geography
- France – The target geography for the investment and development of AI infrastructure and data centers.
- United States – Brookfield Asset Management is based in New York, indicating the origins of the investment firm undertaking this international project.
Industry
- Private Equity – Brookfield Asset Management operates in the private equity sector, as it allocates large-scale capital for strategic investments in AI infrastructure and data centers.
- Technology and Infrastructure – The focus on developing AI-related projects, such as data centers and infrastructure in France, places this article within the technology and infrastructure sector.
Financials
- €20 billion – The total investment planned by Brookfield Asset Management into France's AI infrastructure over the next five years.
- €15 billion – The amount allocated by Brookfield for investments in data centers.
- €5 billion – The remaining amount planned for other AI infrastructure projects in France, such as data transfer, chip storage, and energy generation.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Brookfield Asset Management | Investor | Company | A New York-based investment firm planning to invest in AI infrastructure in France. |
| Data4 | Project Lead for Data Centers | Company | A portfolio company of Brookfield, tasked with leading the data center investments. |