Drax shares jump 9% as analysts welcome the deal
2 Nov 3 6:55 AM · 8d ago · 3 articles · 2 posts · 2 sources · development 2 of 2
Equity analysts welcomed the news and Drax's market value climbed by almost 9% on the London Stock Exchange to nearly £3bn.
“help secure the long-term future of the site and protect hundreds of jobs”
Will Gardiner, Drax chief executive · rss ↗Will Gardiner Drax chief executiveDrax FTSE 250 owner of the UK's largest power plantBrookfield Infrastructure investor and deal partnerRadiant AI infrastructure platform and deal partnerUK government Regulator of Drax subsidies and datacentre policy
The whole story articlesposts the bright band is this development · numbered dots are the others · click one to jump
Reported in the same hours no headline names this development itself — these 1 claim were published in its stretch
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first by Guardian Tech, 8d ago · also Guardian Environment, Guardian
What people said 2 voices · verbatim
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R
After Jackdaw (and probably Rosebank), this is the next domino falling. # NewerLabour will keep the dirtiest technologies going to provide energy for data centres. Net Zero is being sacrificed to the Moloch of eternal growth (in small pieces so we don't notice). Won't be long before there's another U-turn, kicking the date even further down the…
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J
https://www. theguardian.com/business/2026/ nov/03/uk-drax-power-station-ai-datacentre?CMP=Share_iOSApp_Other
All 2 developments of Drax strikes £20bn deal to build UK's largest AI datacentre… →
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