Drax completes 'transformational' £548m acquisition of Bluefield Solar

James Murray
clock • 2 min read
Drax completes 'transformational' £548m acquisition of Bluefield Solar

Energy giant secures multi-gigawatt pipeline of new solar and wind projects, as it looks to further diversify its clean energy portfolio

Drax Group has today announced it has completed the acquisition of renewable energy company Bluefield Solar Income Fund Limited (BSIF) in a deal worth £548m. The move adds solar and wind energy generation...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

James Murray
Author spotlight

James Murray

View profile
More from James Murray

UK government launches 'world-first' Climate and Nature Security Taskforce

Rosebank row: Reports suggests Energy Secretary minded to block new oil field

More on Energy

Government to approve controversial Jackdaw gas field project
Energy

Government to approve controversial Jackdaw gas field project

Decision set to spark fierce criticism from climate campaigners who have warned new fossil fuel projects risk breaching the UK's legally-binding emissions targets

Michael Holder
Michael Holder
clock 21 October 2026 • 7 min read
MPs urge government to move all energy policy costs onto gas bills
Energy

MPs urge government to move all energy policy costs onto gas bills

Parliament's Energy Security and Net Zero Committee argues Ministers should reduce electricity bill relative to gas in order to accelerate adoption of heat pumps and other clean technologies

Michael Holder
Michael Holder
clock 21 October 2026 • 6 min read
'Our Geothermal Nation': How the UK could unlock 10GW of geothermal heat by 2050
Energy

'Our Geothermal Nation': How the UK could unlock 10GW of geothermal heat by 2050

National Geothermal Centre sets out how UK could deliver heat, power and jobs through geothermal energy with government support

Amber Rolt
clock 20 October 2026 • 3 min read