 by Connor Teskey - President, Brookfield Asset Management; CEO, Renewable Power & Transition
This morning, we announced that Brookfield and Google have signed the world’s largest hydroelectricity framework agreement, supporting the growth of the technology sector in the United States. The first framework contracts will be executed at two of our facilities in Pennsylvania, representing more than $3B of power and 670 MW of combined capacity. Delivering energy at scale from a range of sources has long been a hallmark of our power strategy. As electricity demands continue to grow due to digitalization and AI, we have embraced the opportunity to provide these energy solutions to the technology sector, which is growing fastest in the United States. Today’s announcement builds on our existing economic contribution in Pennsylvania, where we not only have our strong hydro portfolio, but also the corporate headquarters of our global nuclear company Westinghouse Electric Company – a leading provider of nuclear technology, services and products. Over two-thirds of nuclear reactors globally are derived from Westinghouse technology, including the two newest reactors operating in the U.S., which not only creates strategic supply for the nation but also important jobs across American communities. Brookfield has over half a trillion dollars invested in the U.S. and we look forward to making more investments in the backbone of the economy. Comments are closed.
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October 2025
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