BROOKFIELD PLANS $27B AI DATA CENTER PROJECT IN THE 🇬🇧 UK Brookfield is partnering with British energy company Drax and its AI infrastructure platform Radiant to develop a massive data center at Drax Power Station in North Yorkshire, England. The project could involve more than £20B ($27B) in total investment, including AI chips, with plans to eventually exceed 1 GW of capacity. The development would take place in phases: • Phase 1: Up to 100 MW operational by early 2028, requiring approximately £2.5B in investment. • Phase 2: An additional 500 MW targeted between 2028 and 2031. • Phase 3: Potential expansion beyond 1 GW in the 2030s. The key advantage is Drax's existing power infrastructure, including its grid connection, land and biomass power generation capacity. Initially, the data center would draw electricity from the grid. Later phases aim to connect directly to the power station, allowing AI infrastructure to access on-site electricity generation. Initial financing would come through Brookfield's joint venture with Qatar-backed Qai, while Radiant would lead development alongside Drax. The project remains in its early stages and still requires regulatory approvals and an anchor tenant.