Core annual earnings fall to £140m due to weak commodity prices and government changes to climate tax
Energy giant Drax today reported a 17 per cent fall in its core earnings following a year of weak commodity prices compounded by the removal of its exemption from green taxes in 2015. The company, which...
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