Drax climbs on deal for over 1 GW data centre project

By Reuters News

** Shares of British power generator Drax Group DRX.L up 8.9% at 881 p

** Stock on track to record biggest one-day pct gain since july 2024, if gains hold

** Co signed a deal with Brookfield BAM.N and Radiant to develop a data centre exceeding 1 GW at its northern England power station

** YTD, stock down ~3% as of Monday's close

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