Brookfield, QIA to Invest in Data Center for Drax

Brookfield Asset Management and the Qatar Investment Authority have agreed to invest £2.5 billion in a data center project with UK power generator Drax Group Plc. This AI data center partnership, involving Radiant, targets a total value of $27 billion at the Drax Power Station in North Yorkshire. The initiative aims to redefine energy infrastructure for AI, potentially boosting regional economic growth and establishing a significant precedent for future large-scale investments in the technology sector.