Drax: Biomass energy giant which received £6bn from taxpayer reports 84 per cent earnings hike

Drax: Biomass energy giant which received £6bn from taxpayer reports 84 per cent earnings hike

City A.M.

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Power generation firm Drax is the latest winner from the energy price crisis, with its earnings up 84 per cent in the last 12 months to £731m. Drax, which received £6bn in green energy subsidies from British taxpayers over the last four-decades, was the latest energy giant to announce bumper profits; recent announcements include Shell [...]

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