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SELBY, United Kingdom – British energy company Drax announced it has agreed to acquire Pinnacle Renewable Energy, the world’s second largest manufacturer of wood pellets. The deal is valued at $C385 million based on Drax paying C$11.30 per share of Pinnacle’s stock. The transaction remains subject to Drax and Pinnacle shareholder approval as well as regulatory approvals and
Author of the article: Vincent McDermott
Publishing date: Feb 04, 2021 • February 9, 2021 • 2 minute read • L-R: Leslie Miller, 28; Taylor Dawe, 29; and Patrick Poitras, 25. Miller and Dawe were killed at the Fort Hills operation on Dec. 28 when a bulldozer collided with their pickup truck. Poitras was driving a bulldozer on Jan. 13 when it fell through a frozen inactive tailings pond. Supplied Images/Facebook
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Suncor is reviewing the company’s safety procedures following the deaths of three people in recent weeks. The reviews, which will be led by a third-party, will have a focus on the mining areas where the workplace accidents happened. It is scheduled to be finished later this spring.
Pinnacle receives notice of Alberta OHS regulatory charges
January 25, 2021
By Pinnacle Renewable Energy
Pinnacle Renewable Energy announced today it has received notice of regulatory charges laid by Alberta Occupational Health and Safety (OHS) following their investigation of the explosion which resulted in injuries at the company’s plant in Entwistle, Alta., on Feb. 11, 2019.
“The health and safety of our employees and contractors has always been an essential core value of our company and our business strategy,” said Pinnacle’s chief executive officer Duncan Davies. “We regret the impact of this incident on those who were injured, their co-workers and the Entwistle community.”
/CNW/ - Pinnacle Renewable Energy ("Pinnacle" or the "Company") (TSX: PL) announced today it has received notice of regulatory charges laid by Alberta.