High Court says Drax second unit eligible for subsidy, reversing government decision
Drax has won a High Court judgement against the government over subsidies for its power station units.
The company, presently converting its units from coal to...
Drax Biomass is moving its headquarters from Burlington, Massachusetts, to the Atlanta, Georgia, suburb of Sandy Springs. The announcement was made July 8 by the Georgia Department of Economic Development.
Drax Biomass, a wholly owned U.S. subsidiary of Drax Group plc, may elect to develop a new pellet plant in Abbeville County, South Carolina. The county recently passed an ordinance that would allow the company an option to purchase a tract of land.
A unit Drax Group that is currently constructing a 450,000-ton wood pellet production facility near Gloster, Miss., is planning to build an additional facility roughly 40 miles away in Magnolia, Miss., according to documents filed with the state.
Drax Group plc released an interim management statement on May 9, reporting progress with its biomass energy operations and the development of its U.S. pellet plants. In May, the company began operating an enhanced co-firing unit.