Drax strikes £436m deal for biomass producer Pinnacle Renewable Energy

Michael Holder
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Biomass storage domes at Drax Power Station in Yorkshire | Credit: Drax
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Biomass storage domes at Drax Power Station in Yorkshire | Credit: Drax

Energy firm to snap up leading manufacturer and distributors of industrial wood pellets to supply its biomass energy plants

Drax has struck a £436m deal to acquire one of the world's leading manufacturers and distributors of industrial wood pellets, Pinnacle Renewable Energy, in a move designed to feed its biomass power generation...

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