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UK’s Drax to Buy Pinnacle Renewable Energy for $581 Million Including Debt

Published by linker 5

Posted on February 8, 2021

1 min read

Last updated: January 21, 2026

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Drax power station at sunset, representing UK's energy sector - Global Banking & Finance Review — The image shows the Drax power station in North Yorkshire at sunset, symbolizing the UK energy sector. This relates to Drax's acquisition of Pinnacle Renewable Energy for $581 million, highlighting the shift towards sustainable energy production.