Brookfield to fast-track $12bn clean infra push in AP
This partnership is about speed, scale and sustainability—Nara Lokesh, Minister for IT, Electronics & Education
Amaravati: The Andhra Pradesh government has reaffirmed its strong and fast-moving strategic partnership with Brookfield Asset Management following a high-level meeting between Minister for IT, Electronics & Education Nara Lokesh and Connor Teskey, President of Brookfield Asset Management, on the sidelines of the World Economic Forum Annual Meeting 2026 in Davos.
The interaction reviewed progress since the leaders’ previous meeting in London and focused on accelerating next steps under the landmark $12 billion MoU signed at the CII Partnership Summit held in Visakhapatnam in November last year. The MoU represents one of the largest clean-infrastructure commitments announced at the summit and underscores Andhra Pradesh’s emergence as a preferred destination for large-scale, sustainable investments.
During the Davos meeting, both sides discussed fast-tracking Brookfield’s clean-energy powered, gigawatt-scale data centre campus in Visakhapatnam, aligned with the State’s vision to position Vizag as a national data-centre and digital infrastructure hub. The discussions also covered energy storage solutions, solar manufacturing, and green hydrogen pilot projects to be located near Andhra Pradesh’s port-led industrial clusters—leveraging the State’s coastline, logistics advantage, and integrated clean-energy ecosystem.
The leaders also reviewed the large-scale renewable energy deployments underway in Andhra Pradesh through Brookfield’s platform with Axis Energy, Evren, which is advancing utility-scale solar and wind projects to supply reliable, low-cost green power for industry and digital infrastructure.
Commenting on the partnership, Lokesh said, “When a global powerhouse like Brookfield Asset Management—with nearly $1 trillion in assets under management—bets big on Andhra Pradesh, it reinforces our confidence and ambition. This partnership is about speed, scale, and sustainability. From clean-energy powered data centres to renewables, storage and green hydrogen, we are moving decisively to build future-ready infrastructure that creates jobs and drives long-term growth.”
The Andhra Pradesh government reiterated its commitment to providing policy certainty, fast-track approvals and world-class infrastructure to ensure timely execution of Brookfield’s investments. The collaboration aligns with the State’s broader strategy to integrate renewable generation, storage, digital infrastructure and port-led manufacturing—positioning Andhra Pradesh as a leading hub for sustainable, next-generation industries.
