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Drax profits up on renewables, but warns govt on investment spend

Published by Frank Prenesti on 27th February 2025

(Sharecast News) - UK energy provider Drax on Thursday posted an increase in annual profit driven by an increase in renewable power generation, but said it would lower investment on infrastructure such as carbon storage until it received more clarity from the government on investment returns.

URL: http://www.digitallook.com/dl/news/story/34907899/...

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