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Drax Group PLC M&A Activity 2021

Apr 13, 2021

4844_tar_2021-04-13_3a8de084-ec88-4e74-b964-8fbf346a3cf6.html

M&A Activity

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National Storage Mechanism | Additional information

RNS Number : 2689V

Drax Group PLC

13 April 2021

13 April 2021

Drax Group plc

("Drax", the "Group" or the "Company"; Symbol: DRX)

Completion of the acquisition of Pinnacle Renewable Energy Inc.

Drax is pleased to announce that it has completed the acquisition of the entire issued share capital of Pinnacle Renewable Inc.

The Acquisition was originally announced on 8 February 2021.

Enquiries:

Drax Investor Relations: Mark Strafford

+44 (0) 7730 763 949

Media:

Drax External Communications: Ali Lewis

+44 (0) 7712 670 888

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