News and Announcements

Drax to buy Harmony Energy Income Trust in £199.9m deal

By Michele Maatouk

Date: Tuesday 25 Mar 2025

(Sharecast News) - Drax said on Tuesday that it has agreed to buy Harmony Energy Income Trust - a company that invests in battery energy storage systems in the UK - for around £199.9m.
Under the terms of the deal, Drax will pay 88p per share in cash. This is a...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page