Leaders in Supply & Demand Side Intelligence

Forgot your login?

Enter the e-mail address you used when you registered an account with IIR Energy.

A message will be sent to the E-Mail Address found in our records containing the associated username(s) as well as instructions for a password reset.

E-Mail:
Also, what is 23 + 3?

Drax Pays $922 Million For Iberdrola's U.K. Clean Power Assets

Drax Pays $922 Million For Iberdrola

GALWAY, IRELAND--October 24, 2018--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Drax Group plc (LSE:DRX) (Selby, England), operator of the U.K.'s largest operational coal-fired plant, is betting big on cleaner energy by announcing that it is buying ScottishPower Limited's (Glasgow, Scotland) portfolio of pumped storage, hydro and gas-fired generation for £702 million ($922 million).

Within this article: Details assets purchase, plants affected, shift to clean energy, cost of Drax plant conversion to biomass, future projects

All Members Receive the Following Resources:

  • Industry News Digest
  • Upcoming Webinars
  • On-Demand Webinars
  • The NavigatIIR Newsletter
  • Economic Indicators