Brookfield, QIA to Invest £2.5 Billion in Drax Data Center

Brookfield Asset Management and the Qatar Investment Authority agreed to invest £2.5 billion ($3.4 billion) in a data center project with UK power generator Drax Group Plc. The investment aims to support Drax's expansion into data infrastructure, leveraging its power generation capabilities. Financial details and project timelines were not disclosed, but the deal underscores growing institutional interest in energy-intensive data centers.