Brookfield CEO says firm plans to bring data centers to London’s Canary Wharf

According to CNBC, Brookfield Asset Management CEO Connor Teskey said the firm wants to bring data centers to London’s Canary Wharf, which Brookfield co-owns and manages alongside the Qatar Investment Authority through the Canary Wharf Group. Teskey said AI infrastructure and the energy needed to support it is “the single largest theme” at Brookfield, which has a multi-gigawatt global data center portfolio and a pipeline of sites under construction and in development. He said Brookfield launched a dedicated AI infrastructure fund anchored by Nvidia in November last year and has agreed dedicated AI partnerships with governments in France and Sweden, while also dismissing concerns about an AI data center bubble if projects are built against long-term contracts with top counterparties.