International edition Finance & trade

Tuesday, 3 November 2026

National Trade News

Independent coverage of global markets, trade and finance

Policy & regulation

UK’s most polluting power plant could power country’s largest AI datacentre

National Trade News capital-markets note (2026-11-03): Drax’s FTSE 250 owner strikes £20bn deal to build infrastructure in what it says is site’s ‘next chapter’Business live – latest updatesBritain’s most… Primary source: original at The Guardian (theguardian.com).

· The Guardian

Drax’s FTSE 250 owner strikes £20bn deal to build infrastructure in what it says is site’s ‘next chapter’

Britain’s most polluting power plant could soon power the country’s largest datacentre under a £20bn deal to build AI infrastructure on the site of the Drax power plant in North Yorkshire.

The power plant’s FTSE 250 owner has struck a deal with the infrastructure investor Brookfield and ⁠and the AI infrastructure platform Radiant to develop a datacentre with an eventual capacity of more than 1 gigawatt that could begin operations by early 2028.

Continue reading...