Brookfield Q2 2026 slides: record fundraising, DE growth amid earnings volatility

Brookfield Corporation (NYSE: BN, TSX: BN) reported quarterly results for the period ended June 30, 2026. The company said earnings per share rose 15% year over year. Distributable earnings before realizations were $1.4 billion ($0.61/share) for the quarter and $5.7 billion ($2.39/share) for the last twelve months. It reported record fundraising of $77 billion and deployable capital of $210 billion, and noted acquisitions of Oaktree and Just Group.

Brookfield Corp completed its purchase of the 26% stake in Oaktree Capital Management it did not already own for about US$3 billion, following a deal first discussed in December 2023. Brookfield and Oaktree said the integration will expand alternative credit capabilities. Oaktree manages about $334 billion in assets as of March.

Brookfield Asset Management will invest up to US$9 billion to expand a South Korean data center with Nvidia and Naver, scaling capacity to 200 MW by 2028 from 55 MW, using Nvidia technology. Nvidia plans a $1 billion investment in Naver; Brookfield also acquired Aypa Power for $7 billion. CPP Investments buys a majority stake in Tarchon for $1 billion.

NextEra Energy and Brookfield plan a $100 billion data center campus and power plant at the DOE’s former uranium enrichment site in Paducah, Kentucky. The project targets 1.2 GW of compute capacity and up to 1.8 GW of electricity. NextEra would develop up to 2 GW natural gas and 2.6 GW battery storage; Brookfield would own the 1.8 GW campus. Operations start 2028, full buildout four years later.

Brookfield and NextEra Energy plan a $100 billion AI data center campus at a former DOE uranium enrichment site in Paducah, Kentucky, with a coalition including Big Rivers Electric Power, Jackson Purchase Energy Cooperative, and Paducah Power System, according to the companies. Capacity is expected to exceed 1.2 GW computing and up to 1.8 GW power, operational by 2032. NextEra plans 2 GW natural gas and 2.6 GW battery storage; Brookfield will own and manage.

Brookfield and NextEra Energy plan a $100B AI data center campus at the DOE’s Paducah Site, paired with up to 4.6 GW of dedicated new generation. The campus targets 1.8 GW utility capacity and 1.2 GW compute load by 2032. Brookfield will lease and develop the site; NextEra will own generation (up to 2 GW gas, 2.6 GW BESS). Big Rivers and Jackson Purchase will provide wholesale and retail power, subject to Kentucky PSC oversight.