PPAAnnouncedMay 1, 2024

Brookfield-Microsoft framework PPA — 10.5 GW new renewable energy capacity across US and Europe (2026-2030)

Largest corporate PPA ever signed — 8x larger than previous record. Five-year framework for 10.5+ GW of new wind, solar, and carbon-free generation. Estimated $11.5B to build (BNEF). Could account for ~30% of Brookfield's renewable capacity growth 2026-2030. Orrick advised on the deal.

$10.00B

Deal Value

10,500MW

Capacity

Hybrid

Technology

Multi-state

Location

Deal Details

Deal Type
Corporate PPA
Seller / Sponsor
Brookfield Renewable
Buyer / Financier
Microsoft
Offtaker
Microsoft
Deal Value
$10B+
Stage
Development
ISO/RTO
Multiple
Tenor
5-year framework (2026-2030)

Service Providers

Advisory & Legal

Sponsor Counsel
Orrick

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