Investegate |Drax Group Plc Announcements | Drax Group Plc: Investment in BECCS FEED Study
Investegate announcements from Drax Group Plc, Investment in BECCS FEED Study
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Investegate announcements from Drax Group Plc, Investment in BECCS FEED Study
Investegate announcements from Drax Group Plc, Contracts to supply 2.8Mt of biomass
Investegate announcements from Drax Group Plc, Capital Markets Day - Update
The contents of this announcement have been prepared by and are the sole responsibility of Drax Group plc (the "Company"). RBC Europe Limited ("RBC"), which is authorised by the Prudential Regulation Authority (the "PRA") and regulated in the United Kingdom by the Financial Conduct Authority ("FCA") and the PRA, is acting exclusively for the Company and for no one else in connection with the Acquisition, the content of this announcement and other matters described in this announcement and will not regard any other person as its clients in relation to the Acquisit...
Drax is pleased to announce that it has signed an agreement (the "Acquisition Agreement") with Pinnacle Renewable Energy Inc. (PL.TO) ("Pinnacle"), providing for the acquisition by Drax Canadian Holdings Inc., an indirect, wholly-owned subsidiary of Drax, of the entire issued share capital of Pinnacle (the "Acquisition"). The Acquisition will be implemented by way of a statutory plan of arrangement in accordance with the laws of the Province of British Columbia, Canada, at a price of C$11.30 per share (representing a premium of 13% based on the closing market price as at 5 F...