The tech industry is intensifying the hunt for massive amounts of clean electricity to power data centers needed for AI and cloud computing, driving power consumption to record highs.

Brookfield Asset Management (TSX:BAM), alongside subsidiary Brookfield Renewable (TSX:BEPC), are partnering with Alphabet’s (NASDAQ:GOOG) Google to provide up to 3,000 megawatts (MW) of carbon-free hydroelectric capacity across the United States ・The partnership represents the largest corporate clean power deal in history ・Initial contracts alone

Google will expand AI data centers across PJM, the nation’s largest grid, targeting surging compute demand in regions like Virginia and the Midwest.