Brookfield stock linked to GBP 20 billion UK AI data center plan

Brookfield Corporation is joining Drax and Radiant in a strategic partnership to develop an AI data center at Drax Power Station in northern England. Drax announced the agreement on Tuesday, November 3, 2026, saying Brookfield estimates that the full development could attract more than GBP 20 billion, including semiconductor chips.

The project is planned in stages. The first phase targets up to 100 megawatts of compute capacity and commercial operations from the first quarter of 2028. A second phase could add up to 500 megawatts between 2028 and 2031, while a third phase would pursue further capacity after 2031. Taken together, the partners are targeting a development above one gigawatt.

The announcement from Drax says the first phase would use power directly from the grid. Drax would provide land, power integration and planning expertise, while Radiant, Brookfield’s UK-headquartered AI infrastructure platform, would lead design, customer engagement and commercialization. Investment capital and operating capabilities would come through a Brookfield-Qai AI infrastructure joint venture announced in 2025.

Project Scale Depends On Approvals

Drax Power Station has about 4 gigawatts of grid access, 2.6 gigawatts of active dispatchable generation and cooling systems. The site also sits close to the UK’s fiber network, supporting the partners’ case for developing large-scale computing capacity there.

The proposal is not yet a committed build. Phase one requires planning, regulatory and network approvals, an acceptable tenant, commercial agreements and final investment decisions from the partners. A planning application is being prepared, with public consultation expected to begin in November 2026. Later phases remain ambitions rather than confirmed developments.

Brookfield’s AI infrastructure chief Sikander Rashid described the project as an opportunity to accelerate the company’s strategy and support sovereign AI capacity in the UK. Drax CEO Will Gardiner said the development could help preserve jobs, support northern economic growth and strengthen the site’s role in the country’s energy system.

The real-time quote of Brookfield stock was 37.72 euros on Lang & Schwarz at 12:47 p.m. CET on Monday, November 9, 2026.

The Canadian market backdrop remains relevant for investors assessing Brookfield’s listed shares.

More news and analyses on Brookfield stock will follow as the planning process and the company’s infrastructure strategy develop.