Brookfield Asset Management, together with French President Emmanuel Macron, announced a €20 billion ($20.6 billion) infrastructure investment program to support the deployment of artificial intelligence (AI) infrastructure in France. The Brookfield investment will be targeted across data centers and associated infrastructure sectors that are vital for AI deployment.
Up to €15 billion ($15.5 billion) of data center investment will be led by Brookfield’s portfolio company Data4, one of Europe’s largest data center developers, headquartered in Paris. Data4 has existing plans to build more than 500 megawatts of data center capacity located across several regions in France, with an ambition to triple that by 2030 as part of today’s announcement. With this, France is projected to be the single largest market for Data4 in Europe.
Brookfield plans to invest a further €5 billion ($5.2 billion in France across associated AI infrastructure such as data transfer, chip
