LONDON: Drax Group plc announced that it has completed the sale of Drax Generation Enterprise Limited, which holds four Combined Cycle Gas Turbine (CCGT) power stations, to VPI Generation Limited.
Drax Group announces sale of gas assets for £193.3 million
Following the sale Drax no longer operates any CCGTs and on 31 March 2021 will end commercial coal generation, with formal closure of its remaining coal assets in September 2022.