North Yorkshire power company signs deal to turn ash into cement
7 Articles
7 Articles
Drax strikes deal to develop 400,000 tonne ash facility
Drax has agreed a 20-year joint venture deal that will see the development of an ash processing facility close to its power station. The new facility is expected to begin operations by the end of 2026 and produce 400,000 tonnes of ash per year at full capacity. The company estimates it will generate incremental adjusted pre-tax earnings of around £5m per year between 2027 and 2046. The tie-up between Drax Power Limited, a subsidiary of Drax Grou…
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