Drax and Brookfield strike an investment deal of up to £20bn for a data centre
Summary
Drax and Brookfield have struck an investment deal of up to £20bn for a data centre, the Evening Standard and The Independent reported on Tuesday 3 November, the group initially hoping to have a roughly 100MW centre operating from the first quarter of 2028. City A.M. reported that the energy company unveiled plans to build the new data centre at the site of its North Yorkshire power plant, which uses wood as fuel, the FTSE 250 firm's biomass plant being predominantly powered by wood pellets but also using straw and sunflower pellets.
Latest: Drax and Brookfield struck an investment deal of up to £20bn for a data centre, the group initially hoping to have a roughly 100MW centre operating from the first quarter of 2028, the Evening Standard and The Independent reported, City A.M. writing that Drax unveiled plans to build the data centre at the site of its North Yorkshire power plant, which uses wood as fuel.
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How it unfolded
Tuesday 3 November
Drax and Brookfield struck an investment deal of up to £20bn for a data centre, the group initially hoping to have a roughly 100MW centre operating from the first quarter of 2028, the Evening Standard and The Independent reported, City A.M. writing that Drax unveiled plans to build the data centre at the site of its North Yorkshire power plant, which uses wood as fuel.
- 04:20Evening Standard Drax and Brookfield strike investment deal of up to £20bn for data centre
- 04:19The Independent Drax and Brookfield strike investment deal of up to £20bn for data centre
- 03:26City A.M. Drax unveils £20bn plans for new data centre – powered by burning wood