Browsing Tag
Drax Group plc
3 posts
West Burton C reaches financial close as Fidra Energy advances £250m UK battery investment
Fidra’s £231m West Burton C financing moves a 500MW battery toward construction as Drax, lenders and taxpayers test UK storage economics at scale.
Drax cleared by FCA as DRX investors refocus on biomass subsidies and Bluefield deal
Drax avoids FCA action over biomass disclosures, but DRX investors still face subsidy, sustainability, leverage and Bluefield Solar acquisition risks.
Can Drax Group turn Bluefield Solar Income Fund into a post-biomass growth engine?
Drax is buying renewables scale. The harder question is whether Bluefield Solar can offset biomass risk and reset investor confidence.