Drax power plant owner reports highest earnings since pandemic
It comes only weeks after government said biomass subsidies allowed Drax Group to make ‘unacceptably large profits’The owner of the Drax power plant has reported its highest earnings since the coronavirus pandemic only weeks after the government said that controversial subsidies for biomass power had allowed it to make “unacceptably large profits”.Drax Group said its adjusted earnings rose to £1.06bn last year, narrowly above its profits of £1.01bn the year before. Continue reading...
It comes only weeks after government said biomass subsidies allowed Drax Group to make ‘unacceptably large profits’
The owner of the Drax power plant has reported its highest earnings since the coronavirus pandemic only weeks after the government said that controversial subsidies for biomass power had allowed it to make “unacceptably large profits”.
Drax Group said its adjusted earnings rose to £1.06bn last year, narrowly above its profits of £1.01bn the year before. Continue reading...
