CatalystTech/AI
Brookfield, QIA to invest $3.4B in UK data center project with Drax
Brookfield and QIA's $3.4B UK data center investment with Drax signals major AI infrastructure capital deployment.
Context
What happened: Brookfield Asset Management (BAM) and the Qatar Investment Authority agreed to invest in a UK data center project developed with Drax Group Plc (DRXGF).
Key numbers: £2.5B ($3.4B) total investment; the initial phase could be operational by the first.
Why it matters: The deal links a major power generator with two large investors in a UK data center build, with the first phase targeted for operation by the first.
What changed
Brookfield Asset Management (BAM) and the Qatar Investment Authority agreed to invest in a UK data center project developed with Drax Group Plc (DRXGF).
Why it matters
The deal links a major power generator with two large investors in a UK data center build, with the first phase targeted for operation by the first.
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Nov 03, 2026 08:44 AM ET