Financial Conduct Authority launches investigation into Drax over its biomass ‘sourcing’
Financial Conduct Authority launches investigation into Drax over its biomass ‘sourcing’
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Move by UK watchdog FCA relates to historical statements on wood pellets for power station from January 2022 to March 2024
Energy company Drax yesterday revealed that the FCA had launched a probe into 'certain historical statements' regarding the…
Company publicly denied allegations that primary forests were being cut down to fuel UK’s biggest power plant
Drax to focus on powering AI in effort to keep Yorkshire timber-fired generator open
Exclusive: MPs ‘deeply concerned’ power plant may have misled ministers and regulators over source of wood pellets
Exclusive: report by Stand.earth says subsidiary of power plant received truckloads of whole logs at biomass pellet sites
Business live: Financial regulator investigates Drax
