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This $20 billion partnership between Google, TPG Rise Climate, and Intersect Power feels like a step toward a better future. Combining renewable energy with AI development is a smart move for sustainability.

Exciting times ahead! Google, Intersect Power, and TPG have joined forces with a ground breaking $20 billion investment in renewable energy infrastructure by 2030! The goal? To power Google’s next-generation US data centres with 100% clean energy, meeting the soaring demands of AI and modern technology. What sets this apart? Strategically co-locating data centres with renewable energy facilities to ease grid pressure and maximize energy efficiency - paving the way for sustainable tech innovation With operations starting in 2026 and full launch by 2027, this initiative sets a new standard for green energy and tech integration! 👏

🎉 Today at Acadia Infrastructure Capital we are announcing a new Coalition, anchored by Microsoft, to unlock billions of dollars in renewable energy investments and uplift communities across the U.S. The Climate and Communities Investment Coalition has already started putting capital to work, and we're excited to keep co-creating financing structures that accelerate renewable deployment while doing good for historically excluded communities. By pairing corporate capital with that of our investment partners, we strive to bring much-needed scale to community benefit programs that deliver lasting impact. This program has many partners to thank—especially Danielle Decatur and David S. representing the Microsoft team, Yinka N. Bode-George and the ever-inspiring folks at Sustain Our Future, and Jeremy Mohr + Jenny Carney, whose brains know no bounds (thanks for being both "thinkers" and "doers"). And of course, our full Acadia team, with continued leadership from Tim Short and coordination by Janet Turner, CFA. We're just getting started here—you'll hear more from us soon... https://lnkd.in/e8ntC989

Exciting news for the fight against climate change! Today, Microsoft and Brookfield Asset Management announced a groundbreaking agreement to develop 10.5 gigawatts of new renewable energy capacity by 2030 – that's nearly eight times larger than any previous corporate clean energy purchase agreement at an estimated value over $10 billion. This ambitious deal will help Microsoft achieve its goal of 100% renewable energy use and significantly reduce its carbon footprint. But the benefits extend far beyond Microsoft. By investing in new sources of renewable energy, this partnership will increase the overall availability of clean energy, paving the way for a more sustainable future for everyone. This is a testament to the growing power of collaboration between tech giants and renewable energy leaders. This type of large-scale investment is critical to accelerating the transition to clean energy and building a more sustainable future. Here at #Eneriga, we are doing our part in the fight against climate change with our longer-lasting, rechargeable battery technology and we look forward to being part of the solution towards a cleaner, brighter tomorrow! #energiapowersystems #sustainability #renewableenergy #microsoft #brookfield #climatechange #cleantech #greenfuture What are your thoughts on this historic deal? How can tech companies and other large corporations further contribute to sustainability efforts? https://lnkd.in/dsvXj-4R

As a former Microsoft employee and proud shareholder, I am thrilled to share the groundbreaking news from the recent press release! Microsoft, in collaboration with Brookfield Asset Management, is set to deliver over 10.5 GW of new renewable power capacity globally. This monumental effort is a testament to MSFT's commitment to sustainability and innovation. ⚡ Sustainable Future: The partnership aims to contribute to Microsoft’s goal of matching 100% of its electricity consumption with zero carbon energy purchases by 2030. 🌍 Global Impact: The agreement outlines plans for development in the U.S., Europe, and potentially expanding to Asia-Pacific, India, and Latin America. Innovative Collaboration: This agreement is almost eight times larger than the largest single corporate PPA ever signed, showcasing BAM's ability to deliver clean power solutions at scale. 🌳Decarbonization Drive: The focus isn’t just on wind and solar, but also on new carbon-free energy generation technologies, accelerating the global shift to renewable energy. This initiative fills me with immense pride (as a shareholder of both BAM and MSFT) and hope for a cleaner, more sustainable world. #RenewableEnergy #Sustainability #Microsoft #Innovation

ALPHABET’S Google is investing in mega energy parks that will generate renewable power as the company races to fuel its data centres. The technology behemoth entered into a partnership with Intersect Power, an independent power producer, and investment firm TPG Rise Climate LP to design and build big energy plants next to data centre campuses, the companies said on Tuesday (Dec 10). The aim is to have enough renewables, battery storage capacity and related transmission infrastructure to support multiple gigawatts of data centres for Google, which will cost about US$20 billion. To support this, Google also made an equity investment in Intersect Power, which raised more than US$800 million in a corporate fundraising round. TPG led the round that included CAI and Greenbelt Capital Partners. Together their stakes serve as an equity investment that helps Intersect raise debt for the energy campuses.

Intersect Power has partnered with Google and TPG Rise Climate to accelerate the development of renewable energy solutions in a $20 billion initiative. The partnership includes $800 million in funding led by Google and TPG, enabling Intersect Power to expand its renewable energy portfolio beyond 8GW of solar and storage capacity. The initiative supports Google's goal to power its AI-driven data centers with on-site solar and wind energy, reflecting a shift away from reliance on fossil fuels. Intersect Power will play a key role in developing, owning, and operating these renewable projects co-located with data centers. This collaboration demonstrates a broader industry trend where technology companies are integrating renewable energy directly into their operations to meet sustainability goals and growing energy demands. By focusing on renewable energy-abundant locations, this strategy also aims to inspire a sustainable transition in the tech and energy sectors. This collaboration, whilst positive, raises a broader question: how can data centers, as significant energy consumers, drive advancements in renewable energy generation while mitigating their environmental impact? With global data center energy consumption projected to increase due to the rise of AI and cloud services, their role in shaping the future of sustainable energy practices becomes ever more critical. #google #intersectpower #tpgriseclimate #energytransition #datacenter #ai https://lnkd.in/es-8MS4K

🚀 Big news in #CleanEnergy! Google is partnering with Intersect Power & TPG Rise Climate (where we're an investor!)  to co-locate our data centers with renewable energy sources. ☀️ This means gigawatts of new data center capacity across the US, powered by clean energy, thanks to a $20B investment in renewable infrastructure. 💪 Proud to be working with TPG Rise Climate to build a more sustainable future for Google Cloud! #Sustainability #ClimateAction #PrivateEquity Eric Witt TPG https://lnkd.in/gCKM4xSG

Microsoft is leading the charge towards a sustainable future with its latest announcement of the largest-ever corporate power purchase agreement (PPA) for renewable energy. The tech giant has committed to over 10.5 GW of capacity across the United States and Europe, setting a new standard for corporate environmental responsibility. Scheduled to commence construction in 2026, these projects represent a monumental investment in renewable infrastructure. Bloomberg NEF estimates the portfolio will require over $11.5 billion to build, underlining the magnitude of Microsoft's commitment to clean energy. In collaboration with Brookfield, Microsoft's PPA marks a significant milestone, being nearly eight times larger than any other single corporate renewable PPA. This groundbreaking initiative underscores Microsoft's dedication to sustainability and sets a powerful example for corporate leadership in combating climate change. https://lnkd.in/dXV-dD9v #RenewableEnergy #CorporateSustainability #CleanTech #Microsoft

Thrilled to see Google's latest sustainability efforts making waves in Arizona! Their commitment to backing over 430 megawatts of carbon-free energy capacity sets a new standard for environmental responsibility in the tech industry. This move, alongside the forthcoming Mesa data center, underscores Google's dedication to a greener future. Since 2007, Google has been carbon neutral, aiming for net-zero emissions across all operations and value chains by 2030. This demonstrates that even industry giants recognize the importance of transitioning to renewable energy sources like solar. For businesses, this development prompts reflection: consider the transition to solar energy. Not only does it help the environment, but it also saves money in the long run. By making the switch, companies can cut both their carbon footprint and their energy bills, a win-win for sustainability and their bottom line. #commercialsolar #savewithsolar #solarenergy #greenenergy