Drax Group Pauses Share Buyback Amid £561M Acquisition of Bluefield Solar Income Fund
Drax Group has paused its share buyback program as it moves forward with a proposed £561 million acquisition of Bluefield Solar Income Fund, which will expand Drax's UK renewables portfolio by adding 900 MW in solar and wind assets along with a 2.9 GW development pipeline.
Topics: acquisitions corporate finance renewables