BROOKFIELD ASSET MANAGEMENT LTD (BAM) Price

Los Angeles County Targets Contractor Fraud Amid Fire Rebuilding

Following the Eaton Fire, Altadena residents are rebuilding their homes and community spaces, but this recovery is threatened by predatory, unlicensed contractors. In response, the Los Angeles County District Attorney has launched a crackdown, filing felony charges against individuals exploiting fire victims, highlighting severe financial risks in the post-disaster construction market.

Brookfield Commits $1B to Mumbai Office Project

Brookfield Asset Management is investing $1 billion to develop a global capability center (GCC) in Mumbai. The project is significantly de-risked by a long-term lease pre-signed with a major multinational bank, reinforcing investor confidence in India's commercial real estate and its role as a global services hub.

Brookfield, GIC Finalize $2.7B Australian Storage Buyout

Brookfield and GIC will acquire National Storage REIT for A$4 billion ($2.7 billion) in an all-cash transaction, signaling a strategic push into stable real assets amid a slow Australian M&A environment.

Santee Cooper Taps Brookfield for Nuclear Project Study

Santee Cooper's board has approved a Memorandum of Understanding (MOU) with Brookfield Asset Management to study the feasibility of completing two abandoned nuclear units. The potential deal structure includes a significant cash payment to Santee Cooper and a retained ownership stake, signaling a major private investment in public energy infrastructure.

Brookfield Bids $2.7B To Power AI With Nuclear Energy

Brookfield Asset Management has offered $2.7 billion to revive an abandoned nuclear power project in South Carolina, aiming to sell the electricity directly to high-demand customers like data centers. The move highlights a major strategic shift in energy investment, driven by the artificial intelligence industry's voracious power requirements.

U.S. Government Announces $80 Billion Partnership with Westinghouse for AP1000 Nuclear Reactors

Brookfield and Equinix Lead Multi-Billion Dollar Push into AI Data Center Infrastructure