Tuesday, February 11, 2025

Massive €20B AI Infrastructure Deal: Brookfield Targets French Tech Dominance

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Brookfield Asset Management has announced a €20 billion infrastructure investment program in France to support AI infrastructure deployment by 2030. The investment includes up to €15 billion for data center development through its portfolio company Data4, which plans to build over 500 MW of data center capacity across France with aims to triple that by 2030.

An additional €5 billion will be invested in associated AI infrastructure including data transfer, chip storage, and energy generation. Data4 is set to make France its largest European market. The announcement was made at the Artificial Intelligence Action Summit in Paris alongside French President Emmanuel Macron.

Brookfield, which has been investing in France since 2015 and employs over 7,000 people there, is a major global investor in the AI value chain with more than €150 billion invested across digital infrastructure, renewable power, and semiconductor manufacturing worldwide. The company recently opened a Paris office hub in December 2024 to support its French investments.

Brookfield Asset Management ha annunciato un programma di investimento infrastrutturale di 20 miliardi di euro in Francia per supportare l’implementazione delle infrastrutture dell’IA entro il 2030. L’investimento include fino a 15 miliardi di euro per lo sviluppo di data center tramite la sua azienda in portafoglio Data4, che prevede di costruire oltre 500 MW di capacità di data center in tutta Francia, con l’obiettivo di triplicare questa capacitá entro il 2030.

Ulteriori 5 miliardi di euro saranno investiti in infrastrutture per l’IA correlate, inclusi trasferimento dati, stoccaggio di chip e generazione di energia. Data4 prevede di fare della Francia il suo mercato europeo più grande. L’annuncio è stato fatto al Summit sull’Intelligenza Artificiale a Parigi insieme al Presidente francese Emmanuel Macron.

Brookfield, che ha iniziato a investire in Francia nel 2015 e conta oltre 7.000 dipendenti nel paese, è un importante investitore globale nella catena del valore dell’IA, avendo investito oltre 150 miliardi di euro in infrastrutture digitali, energia rinnovabile e produzione di semiconduttori in tutto il mondo. L’azienda ha recentemente aperto un hub uffici a Parigi a dicembre 2024 per supportare i suoi investimenti in Francia.

Brookfield Asset Management ha anunciado un programa de inversión en infraestructura de 20 mil millones de euros en Francia para apoyar el despliegue de infraestructura de IA para 2030. La inversión incluye hasta 15 mil millones de euros para el desarrollo de centros de datos a través de su compañía de cartera Data4, que planea construir más de 500 MW de capacidad de centros de datos en Francia, con el objetivo de triplicar esa capacidad para 2030.

Se invertirán otros 5 mil millones de euros en infraestructura de IA asociada, incluyendo transferencia de datos, almacenamiento de chips y generación de energía. Data4 se está preparando para hacer de Francia su mayor mercado europeo. El anuncio se realizó en la Cumbre de Acción de Inteligencia Artificial en París junto al Presidente francés Emmanuel Macron.

Brookfield, que ha estado invirtiendo en Francia desde 2015 y emplea a más de 7,000 personas allí, es un importante inversionista global en la cadena de valor de IA con más de 150 mil millones de euros invertidos en infraestructura digital, energía renovable y fabricación de semiconductores en todo el mundo. La empresa abrió recientemente un hub de oficinas en París en diciembre de 2024 para apoyar sus inversiones en Francia.

브룩필드 자산운용은 2030년까지 AI 인프라 구축을 지원하기 위해 프랑스에 200억 유로 규모의 인프라 투자 프로그램을 발표했습니다. 이 투자에는 포트폴리오 회사인 Data4를 통해 데이터 센터 개발에 최대 150억 유로가 포함되며, Data4는 프랑스 전역에서 500MW 이상의 데이터 센터 용량을 구축할 계획이며, 2030년까지 이를 세 배로 늘리는 것을 목표로 하고 있습니다.

또한, 데이터 전송, 칩 저장 및 에너지 생성과 같은 관련 AI 인프라에 50억 유로가 추가로 투자됩니다. Data4는 프랑스를 유럽에서 가장 큰 시장으로 만들 계획입니다. 발표는 파리에서 열린 인공지능 행동 혁신 정상 회담에서 에마뉘엘 마크롱 프랑스 대통령과 함께 이루어졌습니다.

브룩필드는 2015년부터 프랑스에 투자해왔으며, 그곳에서 7,000명 이상의 직원을 고용하고 있으며, 디지털 인프라, 재생 가능 에너지 및 반도체 제조 분야에서 1,500억 유로 이상의 투자를 통해 AI 가치 사슬에서 주요 글로벌 투자자입니다. 이 회사는 프랑스 투자를 지원하기 위해 2024년 12월에 파리에 사무소 허브를 새로 열었습니다.

Brookfield Asset Management a annoncé un programme d’investissement en infrastructure de 20 milliards d’euros en France pour soutenir le déploiement de l’infrastructure IA d’ici 2030. Cet investissement comprend jusqu’à 15 milliards d’euros pour le développement de centres de données via sa société de portefeuille Data4, qui prévoit de construire plus de 500 MW de capacité de centre de données à travers la France, avec l’objectif de tripler cette capacité d’ici 2030.

Un montant supplémentaire de 5 milliards d’euros sera investi dans des infrastructures IA associées, notamment le transfert de données, le stockage de puces et la production d’énergie. Data4 s’apprête à faire de la France son plus grand marché européen. L’annonce a été faite au Sommet de l’Action pour l’Intelligence Artificielle à Paris en présence du Président français Emmanuel Macron.

Brookfield, qui investit en France depuis 2015 et emploie plus de 7 000 personnes dans le pays, est un investisseur mondial majeur dans la chaîne de valeur de l’IA, ayant investi plus de 150 milliards d’euros dans les infrastructures numériques, les énergies renouvelables et la fabrication de semi-conducteurs dans le monde entier. La société a récemment ouvert un hub de bureaux à Paris en décembre 2024 pour soutenir ses investissements en France.

Brookfield Asset Management hat ein Infrastrukturinvestitionsprogramm in Frankreich im Wert von 20 Milliarden Euro angekündigt, um die Implementierung von KI-Infrastrukturen bis 2030 zu unterstützen. Die Investition umfasst bis zu 15 Milliarden Euro für die Entwicklung von Rechenzentren über das Tochterunternehmen Data4, das plant, über 500 MW Rechenzentrums-Kapazität in ganz Frankreich aufzubauen, mit dem Ziel, diese bis 2030 zu verdreifachen.

Zusätzliche 5 Milliarden Euro werden in damit verbundene KI-Infrastrukturen investiert, darunter Datentransfer, Chipspeicherung und Energieerzeugung. Data4 plant, Frankreich zu seinem größten europäischen Markt zu machen. Die Ankündigung erfolgte beim Gipfel für Künstliche Intelligenz in Paris zusammen mit dem französischen Präsidenten Emmanuel Macron.

Brookfield investiert seit 2015 in Frankreich und beschäftigt dort über 7.000 Mitarbeiter. Das Unternehmen ist ein bedeutender globaler Investor in der KI-Wertschöpfungskette, mit über 150 Milliarden Euro, die weltweit in digitale Infrastruktur, erneuerbare Energien und Halbleiterfertigung investiert wurden. Das Unternehmen hat kürzlich im Dezember 2024 ein Büro-Hub in Paris eröffnet, um seine Investitionen in Frankreich zu unterstützen.

Positive


  • €20 billion investment commitment in French AI infrastructure by 2030

  • Plans to build over 500 MW of data center capacity with potential to triple

  • Strategic expansion making France Data4’s largest European market

  • Diversified investment across data centers (€15B) and AI infrastructure (€5B)

Insights


Brookfield’s €20 billion commitment to France’s AI infrastructure marks a transformative investment that significantly strengthens BAM’s position in the rapidly growing AI infrastructure sector. The strategic allocation of €15 billion to data centers through Data4 and €5 billion to associated infrastructure demonstrates a comprehensive approach to capturing value across the AI value chain.

The investment carries several strategic advantages: First, it leverages France’s competitive advantages in talent pool and decarbonized energy infrastructure, critical factors for sustainable AI development. Second, the planned 500 MW data center capacity, with potential to triple by 2030, positions BAM to capture growing demand for AI computing resources in Europe’s digital transformation.

This move builds on BAM’s impressive track record in the AI infrastructure space, complementing existing partnerships with tech giants like Microsoft (€10 billion renewable power deal) and Intel ($30 billion semiconductor partnership). The diversification across digital infrastructure, renewable power and semiconductor manufacturing creates a robust ecosystem play in the AI value chain.

The investment’s timing is particularly strategic given the accelerating AI arms race among global powers. France’s government backing and commitment to AI development reduces regulatory risks and potentially accelerates project execution. The 2030 delivery timeline allows for methodical scaling while maintaining flexibility to adapt to technological evolution.

The €20 billion infrastructure program represents a masterfully structured deployment strategy that addresses critical gaps in Europe’s AI infrastructure. The decision to channel €15 billion through Data4, an established operator with local expertise, significantly de-risks the execution phase while accelerating time-to-market.

The planned 500 MW data center capacity expansion, with potential for tripling, is particularly noteworthy for three reasons: 1) It provides sufficient scale to attract major AI players and create network effects 2) The regional distribution across France optimizes for both power availability and latency requirements 3) The phased approach allows for adaptation to evolving AI computing demands.

The additional €5 billion allocation to supporting infrastructure – including data transfer, chip storage and energy generation – creates a comprehensive ecosystem that enhances the overall value proposition. This integrated approach addresses potential bottlenecks in the AI infrastructure supply chain and ensures sustainable scaling capabilities.












Investment in data centers and associated infrastructure to be delivered by 2030 led by Paris-headquartered Data4

PARIS and NEW YORK, Feb. 10, 2025 (GLOBE NEWSWIRE) — At the opening of today’s Artificial Intelligence Action Summit in Paris, Brookfield Asset Management (“Brookfield”), together with the French President, Emmanuel Macron, announced a €20 billion infrastructure investment program to support the deployment of artificial intelligence (“AI”) infrastructure in France. The Brookfield investment will be targeted across data centers and associated infrastructure sectors which are vital for AI deployment.

Up to €15 billion of data center investment will be led by Brookfield’s portfolio company, Data4, one of Europe’s largest data center developers, headquartered in Paris. Data4 has existing plans to build over 500 MW of data center capacity located across several regions in France, with an ambition to triple that by 2030 as part of today’s announcement. With this, France is projected to be the single largest market for Data4 in Europe.

The investment of a further €5 billion is planned by Brookfield in France across associated AI infrastructure such as data transfer, chip storage and energy generation. The total €20 billion investment is projected to be delivered by 2030.

French President Emmanuel Macron declared: “The €20 billion investment by Brookfield notably through Data4 will allow France to remain in the race alongside major AI players. This investment demonstrates France’s attractiveness. We have the knowledge, the talents, and the decarbonized energy needed to accelerate in AI. We must not slow down, the world is accelerating. This is a battle for independence.”

Sikander Rashid, Head of Europe, Brookfield, added, “We believe France has the potential to play a pivotal role in the global advancement of AI. To achieve European leadership, it is essential to invest proactively in the infrastructure that powers AI services, particularly in data and associated infrastructure. Our €20 billion investment program represents a significant step toward this ambition, laying the foundation for France to compete on the global stage. We are excited to collaborate with stakeholders across France and are looking to expand our investment in data centers to an even greater scale in the future.”

Brookfield is one of the world’s largest investors in the AI value chain, with more than €150 billion invested across digital infrastructure, renewable power and semiconductor manufacturing worldwide. Last year, Brookfield and Microsoft announced the largest ever renewable power supply deal, underpinning more than €10 billion of investment to supply Microsoft’s business activities in Europe and North America. In 2022, Brookfield and Intel entered into a $30 billion partnership for the development of Intel’s landmark semiconductor foundry in Arizona.

Brookfield has been actively investing in France since 2015 and employs over 7,000 people through its operations. In December 2024, Brookfield opened an office hub in Paris to support the firm’s existing and future investments in France. Brookfield’s French portfolio includes investments in residential decarbonization, student and young professional living, hospitality, and logistics, as well as digital and renewable energy infrastructure.

About Brookfield Asset Management

Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) is a leading global alternative asset manager, headquartered in New York, with over $1 trillion of assets under management across renewable power and transition, infrastructure, private equity, real estate, and credit. We invest client capital for the long-term with a focus on real assets and essential service businesses that form the backbone of the global economy. We offer a range of alternative investment products to investors around the world — including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors. We draw on Brookfield’s heritage as an owner and operator to invest for value and generate strong returns for our clients, across economic cycles.

For more information, please visit BAM’s website at www.bam.brookfield.com or contact:

Media:

Simon Maine
Brookfield Asset Management
T: +44 7398 909278
E: simon.maine@brookfield.com

Notice to Readers

This news release contains “forward-looking information” within the meaning of Canadian provincial securities laws and “forward-looking statements” within the meaning of the U.S. Securities Act of 1933, the U.S. Securities Exchange Act of 1934, “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and in any applicable Canadian securities regulations (collectively, “forward-looking statements”). Forward-looking statements include statements that are predictive in nature, depend upon or refer to future results, events or conditions, and include, but are not limited to, statements which reflect management’s current estimates, beliefs and assumptions, and which are in turn based on our experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. The estimates, beliefs and assumptions of BAM are inherently subject to significant business, economic, competitive and other uncertainties and contingencies regarding future events and as such, are subject to change. Forward-looking statements are typically identified by words such as “expect”, “anticipate”, “believe”, “foresee”, “could”, “estimate”, “goal”, “intend”, “plan”, “seek”, “strive”, “will”, “may” and “should” and similar expressions. In particular, the forward-looking statements contained in this news release include statements referring to the expected impacts and timing of Brookfield’s investment in France’s AI infrastructure.

Although BAM believes that such forward-looking statements are based upon reasonable estimates, beliefs and assumptions, certain factors, risks and uncertainties, which are described from time to time in our documents filed with the securities regulators in Canada and the United States, not presently known to BAM. or that BAM currently believes are not material, could cause actual results or events to differ materially from those contemplated or implied by forward-looking statements.

Readers are urged to consider these risks, as well as other uncertainties, factors and assumptions carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements, which are based only on information available to us as of the date of this news release. Except as required by law, BAM undertakes no obligation to publicly update or revise any forward-looking statements, whether written or oral, that may be as a result of new information, future events or otherwise.









FAQ



What is the total value of Brookfield’s (BAM) planned investment in French AI infrastructure?


Brookfield plans to invest €20 billion in French AI infrastructure by 2030, with €15 billion allocated to data centers and €5 billion to associated infrastructure.


How much data center capacity will Data4 build in France under BAM’s investment plan?


Data4 plans to build over 500 MW of data center capacity across France, with ambitions to triple that capacity by 2030.


When did Brookfield (BAM) establish its Paris office hub?


Brookfield opened its Paris office hub in December 2024 to support existing and future investments in France.


How many people does Brookfield (BAM) employ in France?


Brookfield employs over 7,000 people through its operations in France.


What is the breakdown of Brookfield’s (BAM) €20 billion French investment?


The investment consists of €15 billion for data center development through Data4 and €5 billion for associated AI infrastructure including data transfer, chip storage, and energy generation.





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