Brookfield is partnering with a maker of fuel-cell technologies to provide electric power for new data centers it is developing across the globe.

Brookfield Asset Management agreed to invest $5 billion to deploy infrastructure designed and built by Bloom Energy, according to the companies. The two companies said they will identify the first locations of their data center initiative at a later date, although the initial location is expected to be in Europe.

The partnership comes as data center developers and owners scramble to find sources of electric power. Data centers, especially those equipped to handle artificial intelligence, use enormous amounts of electricity, and operators are struggling to meet that demand because of limitations in the current electric grid.

The rise in data center demand has prompted other deals for commercial properties. BlackRock, Nvidia and Microsoft this week agreed to acquire Aligned Data Centers, with the $40 billion deal seen as a way for the venture to secure land, real estate and power needed to support the rise of AI.

Prologis, the world’s largest owner of warehouses and distribution centers, is also expanding into the data center space.

Companies like San Jose, California-based Bloom Energy hope to fill the void for electric power with technologies that help data centers run more efficiently. Bloom Energy’s fuel cells supply electric power to data centers without connecting to the public electricity grid.

The fuel cells provide “massive power, rapid deployment and real-time load responsiveness that legacy grids cannot support,” Bloom Energy CEO KR Sridhar said in a statement. Traditional sources like natural gas and renewable sources like biofuels and hydrogen power its fuel cells. The company’s products are designed and manufactured at several locations in Fremont, California, and Newark, Delaware, according to its annual report.

Bloom Energy has sold its fuel cells to the utility American Electric Power, data center developer Equinix and software maker Oracle, among others.

Investors have taken notice of Bloom Energy’s recent contracts. Its stock has climbed about 1,015% over the past 12 months through Oct. 15 to $117.53 per share.

Bloom Energy’s rivals include Slingerlands, New York-based Plug Power and Edison, New Jersey-based Eos Energy Enterprises.

Brookfield Asset Management, based in New York, describes itself as one of the world’s largest developers and operators of data centers. It has more than 100 properties globally, including in Canada, Israel and Italy. Its U.S. data centers are operated under the Compass, Data4, Centersquare, Digital Connexion and Ascenty-branded platforms.