PwC Corporate Finance advises AI infrastructure and cloud platform Ori on its merger with Brookfield’s Radiant

February 2026

PwC Corporate Finance is pleased to announce that it has advised Ori Industries (“Ori”), a European AI infrastructure and cloud platform, on its merger with Radiant, Brookfield Asset Management’s vertically integrated AI infrastructure platform. The transaction is one of the first landmark deals bringing long-term infrastructure fund capital directly into the development and ownership of utility-scale AI factories.

Founded in 2019, Ori delivers AI-optimised cloud and compute infrastructure, providing dedicated private GPU clusters and on-demand capacity to hyperscalers, sovereign entities and regulated enterprises under contracted arrangements. The platform combines high-performance compute, AI-ready data centre infrastructure and a proprietary software control layer that enables efficient model training and inference at scale.

The transaction integrates Ori’s software-enabled AI cloud platform into Radiant’s vertically integrated model spanning powered land, data centres, capital and compute. Radiant operates as the first deployment vehicle of Brookfield’s AI Infrastructure Fund, providing access to long-term institutional capital and a direct pipeline to a $100 billion AI infrastructure investment programme. The combined business is positioned to develop, own and operate AI factories at scale, supporting sovereign and enterprise AI buildouts globally. 

“PwC have been exceptional advisers throughout this process. Their deep understanding of AI infrastructure, capital strategy and transaction execution was instrumental in delivering this transformational combination and ensuring a strong outcome for Ori and its shareholders”

Mahdi Yahya, Founder and CEO of Ori and President of Radiant

"This transaction represents a defining moment in the institutionalisation of AI infrastructure. The introduction of infrastructure fund capital into AI factory development marks a structural shift in how AI capacity is financed and scaled. We are proud to have supported Ori on this pioneering transaction"

Asim Iqbal,Partner and Head of Technology M&A at PwC UK

PwC Corporate Finance acted as lead financial adviser to Ori, providing strategic advice, valuation and transaction execution support.

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Meet the Deals team

Contact us

Asim Iqbal

Asim Iqbal

Partner, Telecoms & Digital Infrastructure, PwC United Kingdom

Tel: +44 (0)7701 296486

Luke Sandford

Luke Sandford

Director, PwC United Kingdom

Tel: +44 (0)7808 797776

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