Drax to buy energy supplier Opus Energy for £340m

Madeleine Cuff
clock
Drax to buy energy supplier Opus Energy for £340m

Coal and biomass giant will also buy four gas projects in a separate deal

Power generation giant Drax has today announced plans to diversify its business by acquiring energy supplier Opus Energy. Drax's £340m acquisition of Opus Energy, the UK's largest non-domestic energy...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join now

 

Already a BusinessGreen
member?

Login

More on Biomass

The BusinessGreen Leaders Awards are back for 2022

The BusinessGreen Leaders Awards are back for 2022

You can now enter the UK's largest and most prestigious green business awards, which is set to return this June

BusinessGreen
clock 18 January 2022 • 2 min read
Electricity firms are in line for payments as the price of renewable energy soars

Renewable generators to pay back 'reconciliation' as gas crisis sees power prices rocket

Update confirms Contracts for Difference regime should deliver payments to energy suppliers from renewables generators

clock 17 January 2022 • 2 min read
ScottishPower's Carland Cross solar power facility, Cornwall (credit: @kieroninfocus)

ScottishPower says £500m investment plan puts it at 'forefront' of UK solar industry

Firm to take on 17 new solar project sites that will power the equivalent of 220,000 homes

clock 14 January 2022 • 2 min read