Tech giant Microsoft has signed a global framework agreement to back renewable power projects that could be worth about $10 billion and buy the power that would be developed by Brookfield Asset Management, the Financial Times reported on Wednesday. The agreement is for bringing around 10.5 gigawatts (GW) of solar and wind power between 2026 and 2030—a capacity that would cost over $10 billion to develop, according to recent industry trends, FT noted. Microsoft’s deal with Brookfield Asset Management would be the biggest such…
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