Recent events
Recent events tied to this brand in public sources.
Back to profile11 entries
2026
Brookfield, Radiant and Drax agree to develop a UK AI data center
Drax Group said it signed an agreement with Brookfield and its neocloud platform Radiant to jointly develop an AI data center on the Drax Power Station estate in North Yorkshire. The initial phase is subject to planning, regulatory and network approvals and securing a tenant; final investment decisions have not yet been made.
2022
Drax ceased some Russian biomass supply
Drax said it had ceased the supply of a very small percentage of Russian biomass used at its Yorkshire power station and was working with suppliers and customers to identify any further links to Russia.
2021
Drax announces plan to double pellet production capacity by 2030
Drax announced plans to double its pellet production capacity by 2030; the source reports the plan, not that the capacity increase has already occurred.
2021
Drax launches My Electric Vehicles platform
Drax launched My Electric Vehicles, a fleet management platform for businesses intended to support their decarbonisation and ESG efforts.
2021
Drax partners with Solace on biomass supply-chain management
UK energy provider Drax partnered with software company Solace to modernize Drax's IT infrastructure and manage its biomass supply chain using Solace's event-mesh software.
2021
Drax acquires Pinnacle Renewable Energy
Drax acquired Pinnacle Renewable Energy, a deal that increases Drax’s biomass pellet operational capacity and expands its assets and supply access.
2021
Drax completes acquisition of Canadian biomass pellet producer
Drax completed its acquisition of a Canadian biomass pellet producer. The article said the acquisition was forecast to help Drax's annual operational capacity reach 4.9 million tonnes of sustainable biomass pellets from 2022.
2021
2021
Drax announced its planned acquisition of Pinnacle Renewable Energy
Pinnacle Renewable Energy announced an arrangement agreement under which Drax Group will acquire all of its outstanding common shares in an all-cash transaction valued at C$831 million, including assumed net debt and non-controlling interests. The transaction is subject to shareholder, governmental, regulatory and court approvals and was expected to close in the second or third quarter of 2021.
2021
Drax agrees to sell four gas power stations to VPI Holding
Drax agreed to sell four combined cycle gas turbine power stations to VPI Holding for £193.3 million. The assets are owned by Drax Generation Enterprise.
2020
Drax launches Biomass Carbon Calculator
Drax launched a Biomass Carbon Calculator to help the industry measure emissions in the biomass supply chain.