Previous close | 13.00 |
Open | 13.00 |
Bid | 8.70 |
Ask | 13.50 |
Strike | 40.00 |
Expiry date | 2025-01-17 |
Day's range | 13.00 - 13.00 |
Contract range | N/A |
Volume | |
Open interest | 35 |
(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
First of its kind global framework agreement will accelerate the expansion of renewable energy capacity to contribute to Microsoft’s sustainability goalsThe five-year agreement outlines plans for the development of over 10.5 gigawatts of new renewable energy capacity, almost eight times larger than the largest single corporate PPA ever signediPotential to expand the framework scope and development capacity within the target regions of the U.S. and Europe, and beyond to Asia-Pacific, India, and L
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.