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Brookfield · AI data centers1 min read

Brookfield plans a $27 billion AI data center at an English power station

Brookfield and Drax plan a huge AI data center in North Yorkshire, a sign of where the power-hungry AI buildout is heading as Europe hunts for space and energy.

By the Dashline deskSource: CNBC Technology
Brookfield plans a $27 billion AI data center at an English power station
Photo: CNBC Technology

Brookfield, a major asset manager, wants to build a giant AI data center on the grounds of the Drax Power Station in North Yorkshire, England. The total bill could top £20 billion ($26.8 billion). Shares of Drax, the energy company, rose 8.2% in early London trading on Tuesday after the plan was announced.

What is planned

Drax signed an agreement with Brookfield and Radiant, Brookfield's "neocloud" platform, to develop the site together. The first phase aims for up to 100 megawatts of capacity from the first quarter of 2028. A megawatt is a measure of electric power.

  • Phase 1: up to 100 MW, with an initial £2.5 billion investment.
  • Next step: 500 more MW brought online between 2028 and 2031.
  • Long-term goal: more than 1 gigawatt at the site, with no date given.

Brookfield's £20 billion estimate includes the cost of semiconductors, the chips that run AI.

Why it matters and what is unknown

Europe is racing to build the infrastructure AI needs while energy and land costs are high. A power station estate offers both space and a link to electricity. The source does not say who will use the computing power, how the project will be paid for, or what approvals remain. It is a breaking story, so details may change.

The takeaway

AI is pushing companies to build next to power sources, and this $26.8 billion plan shows how big those projects can get.

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