Drax takes over Alabama Pellets in full

The British energy group Drax Group plc. of London acquired the remaining 10% of the shares in Alabama Pellets LLC of Demopolis, USA, on 3 October 2022. The seller was Two Rivers Lumber Co. LLC of the same location. The purchase price was US$22m in cash. The transaction is due to be completed before the end of Octob...

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