Drax acquires Abergelli Power

Drax Group plc has acquired four Open Cycle Gas Turbine (OCGT) development projects.

The purchase of Abergelli Power and three other OCGT developments in England and Wales was announced today as Drax, the FTSE-250 company based in Selby, North Yorkshire, revealed its new purpose and strategy.

Abergelli will be entered into future capacity market auctions once planning permission has been awarded.

Read the announcement.

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