Microsoft Azure: Microsoft signs renewable energy framework deal with Brookfield

Microsoft has entered an agreement to invest an estimated $10 billion in renewable electricity projects to be developed by Brookfield Asset Management. The “global framework agreement” signed by the cloud company is a commitment to bring 10.5 gigawatts of generating capacity online.

“Microsoft wants to use our influence and purchasing power to create lasting positive impact for all electricity consumers,” Adrian Anderson, Microsoft’s general manager for renewables, told the publication.

“This one has been a lot of fun to work on,” James Phillips, director of global PPA and origination at Brookfield, said on LinkedIn. “Through the global framework agreement, Brookfield and Microsoft will contract over 10GW of new build renewable capacity in the US and Europe before 2030. We have huge plans to build on our existing c.33 GW of global renewable operating assets, and it's partnerships like this that will make it happen!”