Brookfield and QIA to invest $3.4bn in Drax-linked UK data centre
The investors will back a biomass-powered data centre project tied to Drax Group as part of a wider £20bn plan.
What to know
- Brookfield Asset Management and the Qatar Investment Authority will invest £2.5 billion ($3.4 billion) in a UK data centre project tied to Drax Group.
- The data centre would be powered by Drax's wood-fired biomass plant, making it one of the UK's largest such facilities.
- The investment is part of a larger £20 billion overall development plan for the project.
Brookfield Asset Management InvestorQatar Investment Authority InvestorDrax Group Plc UK power generator and project partner
How it unfolded 2 developments, newest first · click a bar or a number to jump articlesposts
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FT details biomass power supply and £20bn full project plan
The Financial Times reports that Drax's wood-fired biomass plant would supply power to one of the UK's largest data centres, with the investment forming part of a larger £20 billion overall plan.
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first by Construction Enquirer, 8d ago · also Drax Global, Investing.com News, FT, The Independent, Evening Standard, ITVX +1
5 more headlines
- Drax, Brookfield and Radiant announce £20bn partnership to deliver GW-scale data centre capacity at Drax Power Station Drax Global · 8d ago
- Drax surges on $27 bln AI data centre partnership with Brookfield, Radiant Investing.com News · 8d ago
- Drax lands Brookfield backing for biomass-powered data centre FT · 8d ago
- Drax and Brookfield strike investment deal of up to £20bn for data centre The Independent · 8d ago
- UK's Drax signs data centre deal with Brookfield and Radiant Reuters · 8d ago
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first by Sky News, 8d ago · also DatacenterDynamics, Bloomberg, Bloomberg Markets, CNBC, National Technology News
5 more headlines
- Drax Signs AI Data Center Partnership for North Yorkshire Power Site Unite.AI · 8d ago
- Drax partners with Brookfield and Radiant for up to 1GW data center at North Yorkshire power station DatacenterDynamics · 8d ago
- Brookfield, QIA to Invest in Data Center for Drax Bloomberg · 8d ago
- UK energy company Drax partners with Brookfield and neocloud Radiant to develop an AI data center in North Yorkshire, targeting 100MW of capacity by Q1 2028 CNBC · 8d ago
- Drax and Brookfield plan £20bn AI data centre in Yorkshire National Technology News · 7d ago
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https://www. europesays.com/us/1162309/ Brookfield plans $27 billion AI data center at power station; Drax rises 8% # ai # AlphabetClassA # ArtificialIntelligence # BROOKFIELDASSETMANAGEMENTLTD # BusinessNews # DraxGroupPLC # England # Environment # InvescoSolarETF # ISharesGlobalCleanEnergyETF # MicrosoftCorp # Technology # UnitedStates #…
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Brookfield and QIA agree £2.5bn data centre investment with Drax
Brookfield Asset Management and the Qatar Investment Authority reached an agreement to invest £2.5 billion ($3.4 billion) in a data center project with UK power generator Drax Group Plc.
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first by Seeking Alpha, 8d ago · also CNBC, Reuters
3 more headlines
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