Drax agrees £200m deal for UK battery storage investor Harmony Energy Income Trust

Michael Holder
clock • 2 min read
Credit: Drax
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Credit: Drax

Energy giant seeks to add 395MW of UK battery storage capacity to its flexible generation portfolio

Drax has agreed to buy Harmony Energy Income Trust and its UK battery storage portfolio in a deal worth almost £200m, with the UK energy giant hailing the acquisition as a "highly attractive opportunity"...

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