Last checked at 2 Jan 2019 07:00
RNS Number : 8681L
Drax Group PLC
02 January 2019
2 January 2019
DRAX GROUP PLC
(Symbol: DRX)
Completion of the acquisition of Scottish Power's portfolio of pumped storage, hydro and gas-fired generation
Drax Group plc is pleased to announce that it has completed the acquisition of Scottish Power's portfolio of pumped storage, hydro and gas-fired generation, which comprises Scottish Power Generation Group and its wholly owned subsidiary, SMW.
The Acquisition was originally announced on 16 October 2018.
Enquiries:
Drax Investor Relations: Mark Strafford
+44 (0) 1757 612 491
+44 (0) 7730 763 949
Media:
Drax External Communications:
Matt Willey
+44 (0) 7711 376 087
Website: www.drax.com
END
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.