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Drax Group: facing a post-coal future

The British energy landscape is changing, and Drax Group, operator of the UK’s largest power station, is changing with it. Along with continuing Drax power station’s biomass conversion, the acquisition of energy retailer Opus Energy and the purchase of four gas turbine development projects reflect the company’s efforts to diversify from coal-fired generation. What are the potential risks and rewards for Drax as it continues its transition?

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