North Yorkshire-based energy business, Drax, has made an offer to acquire Harmony Energy Income Trust Plc (HEIT). Under the terms of the deal, Drax would gain the entire issued share capital of ...

(Alliance News) - Drax Group PLC on Tuesday said it has agreed to buy Harmony Energy Income Trust PLC. Drax, a Selby, England based electricity generator, said it will buy Harmony Energy ...

It does not necessarily reflect the view of The Herald. A factory Drax is to be built next to the Drax power station near Selby process millions of tonnes of ash, to help make low carbon cement.

Investing.com -- Shares of Drax Group PLC (LSE:LON:DRX) edged up 1% today after the company announced its agreement to acquire Harmony (JO:HARJ) Energy Income Trust for £199.9 million. The offer, ...

The boards of directors of Drax Bidco – a wholly-owned subsidiary of Drax – and HEIT announced earlier today that they had reached agreement on the terms of a recommended cash acquisition.

The retired GP waved an orange flag at a train carrying wooden pellets that was travelling towards Drax Power Station, in Selby, North Yorkshire, which has been criticised for its wood-burning ...

A climate activist who stopped a train heading for Drax power station in Selby has avoided jail as a court heard she has given up direct action because of the “shock” of being sent to prison ...

Police from across the country were involved in an operation over protest activity around the Drax power station near Selby, Leeds Magistrates' Court heard earlier. Twelve defendants were arrested ...

Drax has agreed a £200m deal to acquire the battery storage investor Harmony Energy Income Trust (HEIT) as it looks to shore up the UK’s power supply. The deal represents a premium of 11 per ...

According to the acquisition announcement, Drax sees the takeover as a ‘compelling opportunity’ to add operating BESS assets to the wider Drax group’s FlexGen portfolio. Image: HEIT. Drax has outbid ...

Drax Group has rivalled the takeover bid made by Foresight Group for Harmony Energy Income Trust (HEIT), according to a stock exchange announcement this morning (25 March). The offer, which would see ...