Drax Group plc (DRX) · 2026-08-03
Drax Group plc said BSIF shares were removed from the Official List and Main Market on 3 August, after its court-sanctioned cash acquisition of Bluefield Solar Income Fund Limited became effective.
DRAX GROUP PLC (DRX) · 2026-07-30
Drax Group said its £561m proposed acquisition of Bluefield Solar Income Fund has 99% shareholder support and is expected to complete on 31 July 2026, subject to conditions and Court sanction.
Drax Group plc (DRX) · 2026-07-30
Drax Group said the UK National Security and Investment Act condition for Drax Bidco's all-cash acquisition of Bluefield Solar Income Fund has been satisfied after the Secretary of State decided no further action was needed. The Scheme is expected to become effective on 31 July 2026, subject to remaining conditions and Court sanction.
Drax Group plc (DRX) · 2026-06-18
Drax said the FCA has closed its investigation and will take no action. The probe covered January 2022 to March 2024 and related to biomass sourcing statements and annual report compliance.
Drax assumed commercial control of its first 299MW Open Cycle Gas Turbine plant following commissioning. The project is part of a three-plant portfolio providing c.900MW capacity and £260m in contracted revenues under agreements extending to 2039.
Drax Group confirmed Chief Financial Officer Frank Lemmink has returned to work following a health-related leave of absence. Deputy CFO Daniel Peacock served as interim CFO during the period.