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Drax to acquire Flexitricity in £36m deal
By Iain Gilbert
Date: Wednesday 21 Jan 2026
(Sharecast News) - Renewable energy firm Drax has agreed to acquire Flexitricity, a UK‑based optimiser of flexible energy assets, from Quinbrook in a deal valuing the business at £36m.
Drax said on Wednesday that the acquisition was expected to deliver returns "significantly in excess" of its weighted average cost of capital.
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