Drax surges after £190m top-up placing
Drax Group, the company that operates the UK’s largest coal-fired power station, raised £190m through a cash-box placing of new shares on Thursday as part of a broader financial restructuring as it moves towards converting to green power.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts