08:03 AM EDT, 05/01/2024 (MT Newswires) -- Microsoft ( MSFT ) agreed to back roughly $10 billion in renewable energy projects that will be developed by Brookfield Asset Management (BN), the companies said Wednesday.

The deal will bring 10.5 gigawatts of generating capacity online. The power will be added to the grids from which data centers draw electricity, the companies said.

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