Brookfield is targeting a massive £20 billion ($26.8 billion) AI data center in the UK, with an initial £2.5 billion investment in phase 1. The project, in partnership with Drax Group, aims for over 1 gigawatt of capacity. Drax Group shares surged 8.8% on the news .
This significant investment highlights:
- Growing AI Infrastructure Demand: Continued capital deployment into large-scale AI compute facilities.
- UK's AI Ambition: A push to develop domestic AI infrastructure amid high energy costs and grid connection challenges.
- Sector Impact: Potential boost for AI-related infrastructure and energy sectors.
Brookfield plans for a $27 billion AI data center at UK power station
CNBC.COMNov 3, 9:30 AM UTC
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