TechAILatest.newsTrackers

Brookfield Asset Management news

Alternative asset manager1 story

Brookfield Asset Management is a Canadian alternative asset manager investing in infrastructure, renewable power, real estate and private equity.

Every story about Brookfield Asset Management

Image Drax Group published with the announcement covered in this storyTech AI Latest

Drax, Brookfield and Radiant plan a £20B AI data centre of more than 1 GW at Drax Power Station

AI Chips & Infrastructure

Drax, Brookfield, Radiant and Qai plan AI data centre capacity at Drax Power Station that could exceed 1 GW and £20 billion. A 100 MW first phase targets 2028.

Summary

Drax Group said on 3 November 2026 that it has agreed a partnership with Brookfield, its AI infrastructure platform Radiant and Qatar's Qai to build data centre capacity at Drax Power Station in North Yorkshire. Drax says the full development could exceed 1 GW and £20 billion. A first phase of up to 100 MW, backed by about £2.5 billion, targets operation from early 2028 but still needs planning approval and a tenant.