Previous Close | 52.59 |
Open | 52.60 |
Bid | 52.53 x N/A |
Ask | 52.54 x N/A |
Day's Range | 51.95 - 53.42 |
52 Week Range | 39.38 - 58.19 |
Volume | |
Avg. Volume | 1,016,795 |
Market Cap | 20.433B |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | 34.13 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 2.07 (3.93%) |
Ex-Dividend Date | Feb 28, 2024 |
1y Target Est | N/A |
(Bloomberg) -- Microsoft Corp. and Brookfield Asset Management’s green energy arm signed the biggest corporate clean-energy purchase agreement ever announced, as the technology giant ramps up its investment in artificial intelligence.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up
The agreement provides a pathway for Brookfield to deliver the new renewable energy capacity between 2026 and 2030 in the U.S. and Europe, a Microsoft spokesperson told Reuters in an emailed statement. The Financial Times first reported on the partnership, and said the 10.5 gigawatts of new capacity would cost more than $10 billion, citing recent industry trends. Both Brookfield and Microsoft did not disclose any financial terms of the agreement.
Canada's Brookfield Asset Management and technology giant Microsoft will develop new wind and solar farms in an attempt to bring over 10.5 gigawatts of new renewable energy capacity, the companies said on Wednesday. The agreement provides a pathway for Brookfield to deliver the new renewable energy capacity between 2026 and 2030 in the U.S. and Europe, a Microsoft spokesperson told Reuters in an emailed statement. The Financial Times first reported on the partnership, and said the 10.5 gigawatts of new capacity would cost more than $10 billion, citing recent industry trends.