Brookfield’s Connor Teskey on the Real Bottleneck in the AI Buildout

Energy and infrastructure represent the most significant capital requirements in history, serving as the primary bottleneck for global economic growth. Driven by reindustrialization, electrification, and the rapid expansion of artificial intelligence, the current supply-demand imbalance for electricity is structural and expected to persist for decades. While U.S. infrastructure growth is largely fueled by hyperscalers and technology giants, European markets are increasingly driven by "sovereign AI," where nation-states back infrastructure projects to secure future productivity gains. Connor Teskey, CEO of Brookfield Asset Management, emphasizes that success in this environment requires more than just capital; it demands deep operational expertise to navigate complex grid connections and power supply challenges. By prioritizing long-term, downside-protected investments and maintaining a decentralized operational model, Brookfield secures its position as a leading provider of critical assets in an increasingly volatile global landscape.