Brookfield is targeting a large AI data center in northern England, as Europe races to build infrastructure for AI amid high energy and land costs. Drax Group said it signed an agreement with Brookfield and its neocloud platform Radiant to jointly develop the facility on the Drax Power Station estate in North Yorkshire. The initial phase targets up to 100 MW of capacity from Q1 2028, with another 500 MW coming online between 2028 and 2031, and the project later aims to secure over 1 gigawatt at the site by an unspecified date. Brookfield estimates total investment, including semiconductors, could exceed £20 billion ($26.8 billion), with an initial £2.5 billion in phase 1. Drax shares rose 8.2% in early trading in London.
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data centersartificial intelligenceNVDABrookfieldUK
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Related tickers and likely impact
NVDA
▲ Likely positiveNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 11/02/2026 | 202.06 |
| Change that session | -1.26% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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