Brookfield Asset Management, in collaboration with French President Emmanuel Macron, unveiled a significant €20 billion investment program aimed at expanding AI infrastructure in France. The initiative is set to enhance the country’s capabilities in AI development and data management.
This announcement was made at the Artificial Intelligence Action Summit in Paris. The majority of the investment—up to €15 billion—will be directed toward data centers, spearheaded by Data4, a Brookfield portfolio company and one of Europe’s largest data center developers. Data4, headquartered in Paris, has outlined plans to build over 500 MW of data center capacity across several regions in France, with an ambition to triple that by 2030. This would make France the company’s largest market in Europe.
The remaining €5 billion will support AI-related infrastructure, including data transfer networks, chip storage, and energy generation. The full investment program is expected to be completed by 2030.
Brookfield has been actively investing in France since 2015 and employs over 7,000 people through its various operations in the country. In December 2024, the firm established an office hub in Paris to support its expanding portfolio, which spans sectors including residential decarbonization, student housing, hospitality, logistics, and renewable energy infrastructure.
The company is among the world’s largest investors in AI-related infrastructure, with more than €150 billion deployed across digital infrastructure, renewable energy, and semiconductor manufacturing globally. Brookfield’s past major initiatives include a €10 billion renewable energy partnership with Microsoft and a $30 billion semiconductor development collaboration with Intel in Arizona.
