Brookfield Asset Management plans to develop, with Drax and Radiant, a gigawatt-scale data center at the Drax power station site in North Yorkshire. Total investment could exceed £20 billion, or approximately $26.8 billion, over the life of the project. The first phase, costing £2.5 billion, is designed to deliver 100 megawatts of computing capacity and begin commercial operations in the first quarter of 2028. Later phases will add 500 megawatts between 2028 and 2031, with an ultimate goal of more than 1 gigawatt. The site already has 4 gigawatts of grid access and 2.6 gigawatts of dispatchable biomass generation, potentially easing the connection delays faced by AI data center projects. Drax shares rose more than 8% following the announcement.
Source: Read the original article
