(Alliance News) - Bluefield Solar Income Fund Ltd on Monday said it had agreed to a GBP548 million cash offer from Drax Group PLC, which implies an enterprise value of GBP1.08 billion. Read More
Drax Group PLC - Selby, North Yorkshire-based electricity generator - Takes handover of Hirwaun power station from developer Metlen Energy & Metals PLC. Following the commissioning of the 299 megawatt open cycle gas turbine plant, Drax assumes commercial control. Hirwaun, located in south Wales, is the first of three OCGT plants of the same size that Drax is developing in England and Wales. Read More
Drax Group PLC - Selby, North Yorkshire-based electricity generator - Chief Financial Officer Frank Lemmink returns to work following a leave of absence to recover from a health issue. Back in March, Drax had said Lemmink would take a six-month medical leave. Deputy Chief Financial Officer Daniel Peacock was made interim CFO during his absence. Lemmink had joined Drax only this past September, having worked at oil major Shell PLC for 20 years. Read More
(Alliance News) - Drax Group PLC on Thursday said it has made a strong start to the year and continues to assess options in battery energy storage systems and for its power station site. Read More
Drax Group PLC - Selby, North Yorkshire-based electricity generator - Says it has provisionally secured agreements to provide 434 megawatts of capacity, principally from its pumped storage and hydro assets. Explains the deals are for the delivery period from October 2029 to September 2030, with a provisional clearing price of GBP27 per kilowatt per year, and income of around GBP11 million. Read More
(Alliance News) - Hargreaves Services PLC on Thursday announced two new contract positions as it upgraded its revenue and pretax profit guidance for the next financial year. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - Drax Group PLC on Thursday announced lower yearly revenue and profit for 2025, as lower energy costs and impairments weighed on its operating profit in an otherwise solid year for the renewable energy company. Read More
(Alliance News) - Drax Group PLC on Thursday said it has inked a tolling agreement with Zenobe Coalburn Ltd for 200 megawatts of new battery energy storage system capacity. Read More
