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Completed acquisition of Scottish Power portfolio

2nd Jan 2019 07:00

RNS Number : 8681L
Drax Group PLC
02 January 2019
 

2 January 2019

 

DRAX GROUP PLC

(Symbol: DRX)

 

Completion of the acquisition of Scottish Power's portfolio of pumped storage, hydro and gas-fired generation

 

Drax Group plc is pleased to announce that it has completed the acquisition of Scottish Power's portfolio of pumped storage, hydro and gas-fired generation, which comprises Scottish Power Generation Group and its wholly owned subsidiary, SMW.

 

The Acquisition was originally announced on 16 October 2018.

 

Enquiries:

Drax Investor Relations: Mark Strafford

+44 (0) 1757 612 491

+44 (0) 7730 763 949

 

Media:

Drax External Communications:

Matt Willey

+44 (0) 7711 376 087

 

Website: www.drax.com

 

END

 

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