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.