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Birmingham Post
Birmingham Post
Business
David Laister

Drax swoops for Canadian pellet plant to bolster strategic supply

Drax Group has agreed a deal to buy a Canadian pellet plant.

The Princeton Standard Pellet Corporation’s operations in British Columbia will add a further 90,000 tonnes capacity for the power giant.

Having completed a huge transformation from coal to biomass-fired generation, the company has been ramping up its supply chain, to feed the huge power station in North Yorkshire, as well as third party operations. It is part of a strategy to hit eight million tonnes a year by 2030.

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