According to CoinMeta, Brookfield and Qatar’s QAI plan to build a AI data center at the Drax power station in the UK, with an estimated investment of over 20 billion pounds. Under the agreement, Brookfield and the AI infrastructure platform Radiant are collaborating to build a data center with over 1GW of capacity at the Drax power station. The project is divided into two phases: the first phase involves an investment of 2.5 billion pounds to build 100MW of capacity, with operations expected to begin at the beginning of 2028; the second phase will add another 500MW between 2028 and 2031. Drax, the CEO of Will Gardiner, stated that if the project is fully completed, it will become one of the largest data centers in the UK. Drax’s stock price rose by more than 8% in London.