Drax completes GBP 548 million acquisition of Bluefield Solar Income Fund

Reuters2026/07/31 12:06

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Drax completed the GBP 548 million acquisition of Bluefield Solar Income Fund, adding solar and wind assets to its generation portfolio.
Deal adds 0.9 GW of operating and under-construction solar and wind capacity, with a 2.9 GW gross development pipeline over the next decade.
Combined renewable generation and flexible assets now exceed 3 GW, overtaking Drax Power Station’s 2.6 GW capacity for the first time.
Transaction positions the group for UK power-demand growth, targeting stronger cash generation from the acquired operational portfolio.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Drax Group plc published the original content used to generate this news brief on July 31, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Drax completes GBP 548 million acquisition of Bluefield Solar Income Fund

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