Key facts
- Drax Group paused its share buyback program.
- Drax Group is acquiring the Bluefield Solar portfolio for £561 million.
- The acquisition aims to boost the UK's renewable energy sector.
Drax Group's decision to pause its share buyback program highlights a strategic shift towards investing in renewable energy assets. The acquisition of the Bluefield Solar portfolio is a significant move that underscores the company's commitment to expanding its presence in the UK's green energy market.