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Drax: CfD go-ahead, new projects acquired

CfD go-ahead, new projects acquired

Drax has announced plans to buy Opus Energy, together with four open cycle gas turbine (OCGT) development projects.

The announcement came in a trading update that also said Drax expects full year earnings before interest, tax, depreciation and amortisation (EBITDA) to be “around the bottom of the range of current market forecasts”.

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