Brookfield Asset Management Ltd.

Brookfield Asset Management Ltd. announced it will host its second quarter 2026 conference call and webcast on Wednesday, August 5, 2026, at 10:00 a.m. ET. The company plans to release its results that morning prior to 7:00 a.m. ET, which will be accessible on its website. Investors can join the event by pre-registering for the conference call or by registering for the webcast.

Brookfield Asset Management announced that the U.S. Department of Energy (DOE) has conditionally committed $17.5 billion in loan facilities to support the deployment of Westinghouse AP1000 nuclear reactors in the United States. Westinghouse, jointly owned by Brookfield (51%) and Cameco Corporation (49%), will use this financing to accelerate the construction of up to 10 reactors. This conditional commitment aims to enhance the domestic nuclear supply chain and accelerate project timelines by up to three years, with the goal of having 10 reactors under construction by 2030.

Brookfield Asset Management announced that its jointly owned subsidiary, Westinghouse Electric Company, has secured a conditional commitment for $17.5 billion in loan facilities from the U.S. Department of Energy. These "American Supply Chain Loans" are intended to finance long-lead equipment for up to 10 Westinghouse AP1000 nuclear reactors in the United States. The financing aims to accelerate construction and commercial operations by up to three years, with a goal of 10 reactors under construction by 2030, enhancing the domestic nuclear supply chain and energy security.

Brookfield Asset Management and Mitsubishi HC Capital Inc. announced a joint venture to launch a privately held renewable energy company in Europe. The JV will acquire and operate a diversified portfolio of contracted, operating renewable energy assets, starting with approximately 570 megawatts of installed capacity across six European countries, valued at about EUR 400 million. The partnership aims to expand globally, focusing on stabilized operating assets like onshore wind, utility-scale solar, and battery energy storage in Europe and Australia, with an expected launch in the second half of 2026.

Brookfield Asset Management Ltd. and Mitsubishi HC Capital Inc. announced the formation of a joint venture to acquire and operate a diversified portfolio of contracted, operating renewable energy assets in Europe. The initial seed portfolio comprises approximately 570 megawatts of installed capacity across six European countries, with an equity value of approximately EUR 400 million. The JV plans to pursue future acquisitions of additional stabilized operating assets, including onshore wind, utility-scale solar, and battery energy storage, in Europe and Australia. Brookfield will manage the JV's operations, with the official launch anticipated in the second half of 2026.

Brookfield Asset Management Ltd. announced a strategic partnership with OpenAI, agreeing to invest $500 million in The OpenAI Deployment Company. This new AI deployment platform is designed to help large enterprises move from pilot AI use cases to scaled, enterprise-wide deployment, addressing a key bottleneck in AI adoption. Brookfield's private equity business, led by Brookfield Business Corporation, will spearhead this investment, leveraging its operational expertise to drive AI transformation across industrial and services businesses globally.

Brookfield Asset Management announced a $500 million investment in The OpenAI Deployment Company, a newly formed AI deployment platform. This platform, established in partnership with OpenAI and other global investors, aims to accelerate large-scale AI adoption by helping enterprises move from pilot to scaled deployment. Brookfield Business Corporation will lead this investment, aligning with Brookfield's strategy to leverage AI for productivity across its operating companies and investment platform.

Brookfield Asset Management Ltd. announced that all 12 nominees proposed for election to its board of directors were successfully elected at the company's annual and special meeting of shareholders held on May 7, 2026. The nominees received overwhelming support from both Class A and Class B Limited Voting Shares, with most directors receiving over 98% of votes in favor.

Brookfield Asset Management Ltd. held its 2026 Annual and Special Meeting of Shareholders on May 7, 2026. Shareholders elected all 12 director nominees proposed by management to hold office until the next annual meeting. Additionally, Deloitte LLP was reappointed as the external auditor, and an advisory resolution on the company's approach to executive compensation was approved. Shareholders also approved a new Management Share Option Plan and amendments to the Escrowed Stock Plan.

Brookfield Asset Management reported strong first-quarter 2026 results, with net income attributable to common stockholders increasing to $617 million from $581 million year-over-year. Basic earnings per share also rose to $0.38 from $0.36. Total revenues for the quarter grew to $1,338 million, up from $1,081 million in the prior year, driven by higher base management and advisory fees. The company also saw a significant improvement in net cash from operating activities, reaching $338 million.