PRESS: National Grid strikes deal to pave way for data centre - Sky

National Grid PLC has entered a deal which paves the way for Britain's biggest electricity substation to be built, Sky News reported Sunday.

The London-based electricity and gas utility signed a deal last week to buy over 70 acres of land at Dorman Point in Teesside, on a site owned by the local private-public partnership Teesworks.

National Grid has come up with plans to construct the large substation, which would provide power to a large neighbouring data centre which was likely to be the largest in Europe.

Competition for the Teesside location was likely to lead to an investment decision with a preferred partner in the next months.

A Sky-cited source said: "Sovereign artificial intelligence in the UK requires UK-based infrastructure."

National Grid shares closed flat at 1,254.50 pence each on Friday in London.

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