Previous close | 38.19 |
Open | 38.28 |
Bid | 37.82 x 1100 |
Ask | 37.86 x 800 |
Day's range | 37.75 - 38.43 |
52-week range | 28.35 - 43.00 |
Volume | |
Avg. volume | 1,223,603 |
Market cap | 14.829B |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | 33.50 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 1.52 (3.98%) |
Ex-dividend date | 28 Feb 2024 |
1y target est | N/A |
(Bloomberg) -- Microsoft Corp. agreed a major long-term deal with the green energy arm of Brookfield Asset Management to supply power to the software giant as it ramps up investment in artificial intelligence.Most Read from BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketNYC Police Break Up Columbia Protest and Clashes Erupt at UCLALilly Soars as Forecast Boost Shows Weight-Loss Drugs’ PowerPot Stocks Surge on Report DEA Set to Reclassify MarijuanaAmazon Posts Biggest Cloud Sal
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.
Canada's Brookfield Asset Management and technology giant Microsoft will develop new wind and solar farms in an attempt to bring over 10.5 gigawatts of new renewable energy capacity, the companies said on Wednesday. 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.