Power producers Drax and Infinis Energy have started legal proceedings against the British government for not providing enough notice when it announced the removal of a climate change tax exemption in July.
LONDON (dpa-AFX) - Drax Group plc (DRX.L) and Infinis Energy plc (INFI.L)
announced that they have initiated proceedings for a judicial review of the
notice period given by HM Treasury when removing the exemption from the Climate
Change Levy or...
On July 28, Drax Group plc released its half-year results for the six months ended June 30, delivering Europe's largest decarbonization project, on time and on budget, while also producing 8 percent of the U.K.'s electricity.
The world's largest ever single shipment of biomass has been discharged on the quayside at Associated British Ports' Humber International Terminal at the Port of Immingham ready for onward transit to Drax power station.
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