Energy giant in talks to buy Scottish Power assets

Scottish Power's Cruachan power station
Drax is in talks to buy power generation assets from Scottish Power in a deal that would be a significant statement of intent. Drax has transformed the coal-powered station that lies halfway between Selby and Goole into Europ's biggest decarbonisation project. In August it switched on its fourth biomass generating unit, taking the power station in North Yorkshire a step closer to achieving its coal-free ambitions. The group has this morning confirmed it is "in discussions" with Scottish Power's Spanish parent company, Iderdrola,... You can carry on reading for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...