1.0Drax UKhttps://www.drax.com/ukEuropean Commission Approves CfD Contract - Drax UKrich600338<blockquote class="wp-embedded-content" data-secret="ZAjQVlzRcY"><a href="https://www.drax.com/uk/investors/european-commission-approves-cfd-contract/">European Commission Approves CfD Contract</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.drax.com/uk/investors/european-commission-approves-cfd-contract/embed/#?secret=ZAjQVlzRcY" width="600" height="338" title="“European Commission Approves CfD Contract” — Drax UK" data-secret="ZAjQVlzRcY" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
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https://www.drax.com/uk/wp-content/uploads/sites/8/2016/09/DRATECH05_Inline_image_FINAL-1920x1278.jpg19201278RNS Number : 2424S Drax Group PLC (Symbol:DRX) Drax confirms that the European Commission (EC) has today approved the CfD Investment Contract(1), awarded to Drax by the UK Government, for its third biomass unit conversion. https://europa.eu/rapid/press-release_IP-16-4462_en.htm The strike price remains £100/MWh(2) and there are no changes to the terms of the contract. The unit will... Read more »