08:34 AM EDT, 10/13/2025 (MT Newswires) -- (Updates with Bloom Energy's ( BE ) latest share movement in the headline and lede.)

Bloom Energy ( BE ) shares were up 29% in recent Monday premarket activity following the announcement of a $5 billion infrastructure partnership with Brookfield Asset Management ( BAM ) to meet the power and computing demands of artificial intelligence.

Under the plan, Brookfield will invest up to $5 billion to use Bloom's advanced fuel cell technology in the design and delivery of AI factories worldwide, including one in Europe to be announced this year, the companies said.

The partnership marks Brookfield's first investment in its strategy to invest in large AI factories, power solutions, and computer infrastructure.