Coverage
Filings
| Filing | Date |
|---|---|
| Holding(s) in Company | 7 Jul 2023 |
| Transaction in Own Shares | 6 Jul 2023 |
| Holding(s) in Company | 6 Jul 2023 |
Drax Group has signed a new contract with the U.K. government to continue operating its biomass power station from April 2027 to March 2031, securing a key source of dispatchable power for the country.
Drax Group has agreed to acquire three battery energy storage projects for 157.2 million British Pounds, expanding its portfolio as it faces a regulatory investigation into its biomass sourcing.
Drax Group is being investigated by the U.K.'s financial regulator over statements it made about the sourcing of its biomass fuel.