Drax to diversify April 20th, 2008
Drax, the coal-fired power station company, is looking to reduce the risk of the price rises affecting coal by diversifying in to gas-fired power stations. Drax has considered several opportunities to date but so far nothing has caught the eye and warranted a bid. The purchase of a gas-fired station would be dependant on value as previous potential targets have been seen as too expensive.


