Brookfield's $225 Million Trading Day Lands 468th in Rankings as Google Deal Boosts Stock

On July 16, 2025, Brookfield's trading volume reached $225 million, marking an 117.19% increase from the previous day, placing it 468th in the day's stock market rankings. Brookfield's stock price rose by 3.88%.

Brookfield Asset Management and Google have entered into a significant hydroelectric framework agreement. This deal aims to deliver up to 3,000 MW of carbon-free energy in the United States. The initial phase involves a long-term procurement of 670 MW from Brookfield's Holtwood and Safe Harbor hydroelectric facilities in Pennsylvania. This agreement includes 20-year power purchase agreements valued at over $3 billion, supporting Google's operations in the mid-Atlantic region and helping the tech giant move closer to its goal of running entirely on carbon-free energy.

The deal allows Brookfield to continue supplying power to existing customers, including Amtrak, from the Safe Harbor facility. Connor Teskey, president of Brookfield Asset Management, highlighted how hydropower can meet the rising energy needs of large-scale digital infrastructure, especially with the growth of artificial intelligence. Amanda Peterson Corio, Google's head of Data Center Energy, described the deal as a significant step forward, emphasizing the reliability and cost-effectiveness of hydropower in providing carbon-free electricity.