EMEA > Drax refinances as it waits on government subsidies for BECCS plant

Drax refinances as it waits on government subsidies for BECCS plant

Published 15:56 on April 25, 2024  /  Last updated at 15:56 on April 25, 2024  / Paddy Gourlay /  EMEA, International, US, Voluntary

UK energy company Drax Group has completed a major refinancing plan to extend operations beyond 2027 as it waits on the government to decide on extra subsidies to retrofit its biomass plant with carbon capture technology, it announced Thursday.
UK energy company Drax Group has completed a major refinancing plan to extend operations beyond 2027 as it waits on the government to decide on extra subsidies to retrofit its biomass plant with carbon capture technology, it announced Thursday.


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