Brookfield Asset Management Voting Ord Shs Class A T.BAM

Brookfield and Microsoft Collaborating

[Betteryear2]

• First of its kind global framework agreement will accelerate the expansion of renewable energy capacity to contribute to Microsoft’s sustainability goals
• The 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 signedi
• Potential 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 Latin America

TORONTO and REDMOND, Wash., May 01, 2024 (GLOBE NEWSWIRE) -- Brookfield Asset Management (NYSE: BAM; TSX: BAM), together with Brookfield Renewable (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC) (“Brookfield”) and Microsoft (NDAQ: MSFT), are pleased to announce the signing of a global renewable energy framework agreement (“the agreement”) to contribute to Microsoft’s goal of having 100% of its electricity consumption, 100% of the time, matched by zero carbon energy purchases by 2030.

Brookfield and Microsoft Collaborating to Deliver Over 10.5 (globenewswire.com)