Brookfield plans $27B AI data center at Drax

Drax Group signed an agreement with Brookfield and its neocloud platform Radiant to jointly develop an AI data center on the Drax Power Station estate in North Yorkshire. Total investment could exceed £20 billion ($26.8 billion), with an initial 100 MW targeted for 2028 and more than 1 GW eventually.

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Brookfield and its Radiant neocloud platform plan a UK AI campus at Drax Power Station that could exceed £20 billion and 1 GW of capacity. Drax shares rose about 8.8% as investors priced in monetization of its grid-connected site. Phase 1 (up to 100 MW from Q1 2028, £2.5 billion) still needs planning, regulatory and network approvals, and a tenant, and no final investment decision has been made. The project tests whether the UK can host large-scale AI compute despite high power costs and grid connection delays, which pushed Microsoft out of the Nscale deal in October. If delivered, it would add sovereign-style UK compute capacity and demand for power, cooling, chips and construction, though execution risk remains high.