Drax completes acquisition of biomass pellet producer Pinnacle Renewable Energy

Michael Holder
clock • 3 min read

Deal aims to shore-up Drax's wood pellet supply chain as it sets sights on global biomass and carbon capture growth

Drax has completed the acquisition of leading wood pellet producer Pinnacle Renewable Energy, in a move aimed at shoring-up the supply chain for its growing biomass energy and carbon capture ambitions....

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Venture Capital

'This is real venture capital': Sustainable Ventures launches two new Sustainability Impact Funds

'This is real venture capital': Sustainable Ventures launches two new Sustainability Impact Funds

Former head of the sustainability team at the British Business Bank, Julia Groves, joins pioneering climate tech investment firm

James Murray
clock 28 January 2025 • 3 min read
The Tofoo Co. snapped up by Comitis Capital as it eyes 'era of rapid expansion'

The Tofoo Co. snapped up by Comitis Capital as it eyes 'era of rapid expansion'

German private equity firm acquires majority stake in Yorkshire-based tofu and alternative proteins brand

Cecilia Keating
clock 21 August 2024 • 2 min read
Is investor interest in clean energy start-ups stalling?

Is investor interest in clean energy start-ups stalling?

Global investment in clean energy start-ups fell back slightly last year - but trend masks significant economic, geographical, and technological variations across the increasingly influential sector

Michael Holder
clock 09 July 2024 • 7 min read