Brookfield and Drax plan AI data center project in the UK with investment potentially topping $26.8 billion
Drax Group has signed an agreement with Brookfield and Brookfield’s neocloud platform Radiant to jointly develop an artificial intelligence data center at the Drax power station site in North Yorkshire, England. The first phase targets 100 megawatts of capacity by the first quarter of 2028. The partners then plan to add another 500 megawatts between 2028 and 2031, with the site ultimately aiming for more than 1 gigawatt of capacity. Brookfield estimates total investment, including semiconductors, could exceed £20 billion, or about $26.8 billion. Initial investment for the first phase is set at £2.5 billion. Following the announcement, shares of London-listed Drax rose 8.2% in early trading. CNBC was cited as the source for the report.



