Investment firm Brookfield plans to develop an artificial intelligence data centre at the Drax Power Station estate in North Yorkshire, with total investment potentially exceeding £20 billion ($26.8 billion).
The project, being developed alongside Drax Group and Brookfield's Radiant platform, will initially provide 100 megawatts of capacity from early 2028. A further 500 MW is planned between 2028 and 2031, with a longer-term target exceeding 1 gigawatt.
The first phase requires regulatory approvals, grid connections and a confirmed customer before construction proceeds. Brookfield expects to invest £2.5 billion initially.
Meanwhile, Finland has attracted major commitments, including Google's planned €13 billion investment in AI infrastructure, highlighting growing competition for computing capacity across the continent.
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