Completed acquisition of Scottish Power portfolio

RNS Number : 8681L

Drax Group PLC

02 January 2019

 

2 January 2019

DRAX GROUP PLC

(Symbol: DRX)

Completion of the acquisition of Scottish Power's portfolio of pumped storage, hydro and gas-fired generation

Drax Group plc is pleased to announce that it has completed the acquisition of Scottish Power's portfolio of pumped storage, hydro and gas-fired generation, which comprises Scottish Power Generation Group and its wholly owned subsidiary, SMW.

The Acquisition was originally announced on 16 October 2018.

Enquiries:

Drax Investor Relations: Mark Strafford

[phone]

[phone]

Media:

Drax External Communications:

Matt Willey

[phone]

Website: www.drax.com

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